I would keep your peak season pricing the same and look at improving the rest of the year by decreasing pricing some until your occupancy rate ticks up a little.

Compare rates, terms, and see if you can secure a more favorable situation.Get legal advice on the private loan contract and your rights as a borrower.

Existing rents were well under market rates. 4. 

I'm going to agree with everyone else on Tax Liens, and you can take it a step further by doing some due diligence on which states reward you the most for Tax Lien investing.I've been looking into:Florida: With interest rates that can hit up to 18% per year, Florida is often seen as a prime spot.

However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.

Personally I'm fascinated with Sub-to, especially if you can takeover a sub 4% rate.

Going rate build rate is roughly 375-400/SF.

I think the interest rate is nice in this market but the return on your money annualized looks low, I am just curious what I am missing.

How are the rate of cancellations etc

By taking advantage of the low rates with the VA loan, I have been able to hold a property that cash flows $200 a month.