I found this site because I've been looking into purchasing a vacation condo.

I know many on this site will disown me for this but buy a place you can easily afford that is "nice" or "decent".

Don't go out of your comfort zone just to get a good deal, most auctions are basically site unseen sales with no contingency period, the less you buy in this way the less successes you have to offset a potential loss. 

The utility companies are HUGE, and they can take months to do their work (engineering, site inspections, plan reviews, etc.)

@Antoine Martel Yes, Airbnb would be our main focus, along with other similar sites.

I have a good idea of flooring and some electrical and drywall repairs, but there is still a lot I do not know how to estimate for without having an expert on site.

I have been doing this successfully for 20 years and I still love to come to a site like this to share experiences and get input from other investors.

=/@Sanjeev Advani @Christine Kankowski The house is on the MLS and major real estate sites (Zillow, Redfin, etc).

(Don't quote me, but maybe 4 months principle, interest, taxes, insurance) If you need a good recommendation, @Kit Crowne hosts our monthly meet up in Manchester, he's a great guy to bounce mortgage ideas off of. 

Not sure about lease to own information but it’s a great site with some free forms and others that you have to pay for.