For personal reasons we ultimately decided not to pursue this business model, but now we have this property.  

You know anybody who might be interested in investing the deal?”

Purchase price: $149,000 Cash invested: $149,000 3/2 block house .60 acres What made you interested in investing in this type of deal?

So absolutely viable if - like you mentioned you can get creative in terms of financing the deal.

short term rental is more of a business, you can make more cash on cash (with more work) and get fantastic tax benefits if you work with the right accountant.

I noticed that you have a Vacation Rentals business in the area where we operate.

Deals come from wherever but you gotta be putting in the work.

I'm hoping to network with many of you and find my first Multi-family deal.

You are providing the seller a convenience1) The deal will not fall through because of financing contingency2) You can close faster than those neeeding financingIn exchange, the seller gives you a reduced price.

If they 100% refuse to deal and its take it/leave it, then you need to decide if you're willing to buy the house with that issue.