Yeah mate,Too much outside influences and logistical issues with new construction.It's much easier/less risky when you control as much of the process as possible and don't need approval from anyone for "this or that".New build works in other markets but why would anyone new build in 43612, 43613 or 43623 for example when they can buy dirt cheap and renovate for much much less than new build.Just my opinion and there are many ways to skin a cat when it comes to real estate investing 

Then he would put in management and his processes to drive sales up.Food profit margins of 10% do not excite me. i can exceed that easily being a syndicator of retail properties and have the businesses pay me the money.

Its hard to fill up the weeks during the winter because the biggest draw is the beach... but amenities sure do help. 

I highly recommend you get some help from a local investor or agent to help guide you through the process since this all new to you.

@Taylor Dasch I just bought my 1st rental and in process renting it out.

If her spouse didn't file returns she must do so on her own.Respectfully but importantly, it sounds as though you spent too much time in your tenant's life and are now looking to "take care of her" the way her spouse once did and in the process trigger a bunch of taxes and frustration for yourself - trying to sort out a tenant's circumstances.

We're just dipping our toes in the water, trying to familiarize ourselves with their processes. 

What your ideal buy is changes over time as you gain experience.Post a property you've analyzed and do not plan to proceed with the address and your analysis and you'll get lots of feedback that will help you refine your own process.

I really need to hear about the experiences of other NH landlords on the eviction process at this point.

However the HOA is very high ~$500 and it scares me to think about possible vacancy & the whole process of renting a home out.