The mortgage that was vacated was originally $130k (curious because the property isn't worth half that)Called city to see if there were any open code violations: there were none.  

In in our home area we are allowed to ask for a unit to be vacant if the buyer, or a member of her/his immediate family, are going to occupy it or if a renovation requiring the unit (or building) to be empty is to be undertaken (the renovation must start within 6-days of the unit being vacated).  

SO currently me and my father have been looking at putting our cash together and purchase a log cabin in Gatlinburg for a vacation rental.

I've learned a few rules to make sure I'm not over paying but can these rules be applied to vacation rentals?

But it goes deeper, larger debt loads on non liquid assets requires analysis of cash, use of cash, inventory turn over or how fast we turn over deals or tenants, how quickly we collect revenues, tax liabilities, seasonal changes in those areas of business and real estate that are subject to seasonality (vacation rentals, apartments near colleges or seasonal employment, think motels or restaurants or gas stations and C-stores).  

Went on vacations all over the world.2.

We have not entered any unit except for essential repairs, and when we do, we require that ALL residents vacate well before we enter, and don't return until after we've left, to protect us. 

Does anyone have a STR in Green Valley Lake (San Bernardino Mountains)?  Or maybe Running Springs or other nearby areas.  I'm guessing the market is much different than Big Bear or even Lake Arrowhead.  I love the are...

Does your condo association allow you to rent it short term and can you find a property management company that can do vacation rentals which are typically a better return than yearly.It will be a good five years before values start coming back in Florida but you have a great location.

You have vacated your own living quarters out of fear.