They had a lot of financial issues when they moved out and I'm waiting awhile to give them some time before filing a judgment.  

But, as a courtesy, I specifically warn about a constantly running toilet and the financial havoc it will cause on their water bill. 

I'd also be interested in hearing about dealing with turnovers in a backcountry setting, I know you said you'd require guests to clean themselves, but that sounds like a recipe for disaster.

Also, I'm having some confusion about what financials to put in my business plan. 

Most of my knowledge about REITs comes from my background in financial services.  

If the cheapest thing they can build, (excluding 3 story 1400sf disasters), is costing them $300k and selling for almost $400k with zero upgrades, landscaping, appliances, etc, I just don’t see it as an impact.

If I am helping to partially financing them but bring on other investors that support my plan/idea (I don't know if they will be partners or purely financial backers), does that make me essentially a developer?

And then he told me I am not entitled to the financial records and he can answer any questions I have.

My goal this year is to buy just one property and then see how that goes for about a year and then each following year purchase 2/year until I reach my financial goals.

You probably can download one or get a financial calculator.