This can make a slow month like February or March a little harder to stomach. 3) You are competing against a different type of industry than a regular multi-family property as you now compete with hotels or resorts.

Great skiing and home of Sundance Film Festival.  

I’m a 30 year GC in coastal resort town.

But in February I went on a ski trip with some friends, and we stayed in a fantastic cabin in Pagossa Springs.

Originally instituted to prevent land speculation by ski resorts, it is applicable for the first 7 years of ownership.

I think it's always better to attempt better communication rather than move to the TOW card too fast.I also always ask myself: If this were a B neighborhood, would I be so quick to resort to towing the car? 

Foundation has several vertical cracks.Been vacant for a lot of years.Because - and only because - the inside is in great condition AND it's 10 min from major skiing, water parks, hiking trails, brewery, wedding venue, Adirondack trail, and some other fun stuff, I am seriously considering it and everyone in my circle is telling me to walk away.I've gotten quotes so I know the dollars for septic and foundation.

where were you when about 200 plus families in La I had to foreclose on and take their investment property from them.. its a nightmare I am not saying no debt its not realistic until you get to a certain level but having free and clear assets is a choice and no one can take them from you..I am a gambler anyway I gamble on appreciation every day.. and value add..so maybe I am not the best to have this argument with.but when I look at the truly wealthy friends I have and I mean truly wealthy  not 7 figures but 8 figure to 9 figure net worths most of what they have is paid for it not all.. unless they are in big syndicated deals.. houses are paid for second houses... house s at the ski areas the lake front homes.. etc etc.. but I guess I am just more in the limit debt camp for long term liabilities..

I had brought up the point that most places are going for 5-10% off asking, as well as I’m saving her the 6% she would be paying in agent fees since the awesome guys at Deacon-Hoover are handling my paperwork, but was only able to bring her down to $195,000 which she seems pretty firm at.My dilemma is I really like the place, I have a ton of tools and constantly flipping/rebuilding motorcycles, cars and jet skis so having a garage in the city is very crucial to me.

If you like to go skiing or to the lake or shore where the prices are lower consider buying a multi-unit there.