Also I think big agency reports like zillow will be what people want you to accept and they just aren't complete in my opinion.

Many people have bought at higher rates, and have made STRs work in that market.

You might have to hire a couple people to toss his crap to the curb.

People are happy to answer, even if you are new.

Carefully go over the seller financing agreement's conditions to make sure you understand any stipulations or eventualities that might have an impact on your investment.I am a loan officer and we have over 70 investors here at Aslan, so if your looking for creative financing please hit me up!

@Matt "Roar" GardnerI’ve also been looking in Destin but no matter if its Destin or the Poconos in PA… When people say that a market is a gold mine if the numbers work… I’m not sure the numbers work right now.

I personally don't think that will last if rates drop and people jump back in, so I'd say reinvest while prices are "low" right now. 

Fair enough, I can understand that in the eyes of the lender i’m just a dude about to quit his job looking for a loan.

Then I usually have 5 or 6 people who won’t pay by the 5th.

At least you understand the issues of borrowing money, though that won’t stop lenders from soliciting you, as you can see.Lastly, partnerships between friends like this never seem to work out.