The place could also survive on LT rent or seasonal rental, which is popular in this quaint village on the water for Summer and shoulder seasons.It's one of those two-story old 1890 brick buildings.

I settled on one.

Are home prices trending up or down, and is it a good time to buy or invest?

The last 12 months will give you a trend and tell a story of what's going on.Get a rent roll with delinquency as well.30 day DD is enough time, but that starts only when you get all due diligence materials!

Does anyone here have any experience with one of these...

This is one of those "no one is to blame" things that happen in life.My guess is that their insurance company is missing some facts.

However, I learned that starting early allows you to build equity over time and take advantage of market appreciation.

I would just speak to an attorney first so you can appropriately conduct business. in the commercial arena small time bird dogs will get cut out most of the time..

I'm considering building a portfolio on single/duplex homes in Oregon where my parents can be my managers - and I am up there 6 times a year.

As a former full time Realtor 20 years ago, I just keep my license now for MLS for me.