Your best bet would be to do a short-term rental in the ski area, but you want it to be one that is solid off-season as well.

one BIG problem that we've seen from one HML to another HML is that during bankruptcy proceeding , some of the HML guy can perform the job by chasing all entity involved, while some other fund just give up and write-off the loan, so it's more complicated.For each fund, best thing is to consult previous LP investor that has already invested in the fund, and they expert enough to understand the situation and the actual capability of the HML guy.lot of HML aso these days , got trouble due to mass redemption from investor.

Maybe you’d get an offer from one of the “more well-off” members of BP.

Based on my understanding, all you can do is carry-forward the loss till you dispose off the property.

Currently I live off my investments and can easily retire.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

If not, factor minimum 15% for management.Also, consider that you will pay taxes on all the income (after expenses).As others mentioned, research the competition in your area to learn the demand/restrictions.Depending on these answers, you may be better off doing this closer to home. 

Contract for Deed | Texas Law HelpReason I ask is a contract for deed is a type of seller financing that the owner maintains title to the property until the loan is paid off.

This is where your experience doing the rehab yourself will pay off.

The mortgages and closing expense can be written off to eliminate the taxes as you want