Investment Info:Single-family residence buy & hold investment in Lake Elsinore.

Investment Info:Single-family residence buy & hold investment in Lake Elsinore.

Hi Everyone,Looking for thoughts, opinions, things to consider...My Wife and I run 4 Airbnbs, 3 on one property including a Tugboat, Airstream and log cabin on a large property an 8 acre completely private lake.

Quote from @Ryan Swan: It's impossible to eliminate time risk, but a 3 month window is about as short as you can get, and thus has a pretty low risk.

Overall, considering all of these factors, I see the great lakes states as holding the most long-term potential.

Has almost an acre lot on a lake.

Reasons why I think I have something to offer:-property sat for 4 months with no accepted offers, was taken off the market for 4 months, and now is back on the market for the same price-I can give them the price they want, which they seemingly have not even come close to if the property has not sold yet (property is a 4 bed 5 bath on a lake, non-distressed)-I believe they will have a big cap gains tax upon sale so creative finance could help mitigate that-without working with a lender, the transaction process is easier & faster-possibility of giving them interest each paymentReasons why this might not work:-seller is under contract with an agent, to possibly do seller finance my understanding is I would need to pay the agent a commission upon sale-seller is probably not even receptive to seller finance if they are selling on the MLS-without being able to talk directly with the seller I don’t know if they have a strong motivation or pain pointDo you agree or disagree with any of my points?

Looking for STR property in largest gated community in the country near National Park and a community with lakes, golf courses and other attractions.

Purchase price: $84,500 Cash invested: $12,000 str listed on airbnb- small cottage near lake and other outdoor attractions.

The main dining room has a greenhouse-window outcropping overlooking the lake.