@Jim Doyle- thanks   1) consider increasing the purchase price by the amount of the elec and roof  work that needs to be done  and then assist  seller with  getting the work  scheduled and completed  ( as this will be required to be donw before closing ) ..this way the  seller  is technically  paying for the  repairs  and they wont lose  any  proceeds ....they will pay a little  extra  wa state sale excise tax  but  that  wont amount to too much  2)  consider  putting less down  and using some of your funds to pay for  the repairs  ( or part of the repairs )   3)  consider using a rehab loan  4)  consider  keeping the price  where it is and asking for the sellers to complete  repairs  (  this likely wont happen)  5)  get roofer and contractor  estimates and get them  lined up to do the work asap  as it might takes  weeks to get this scheduled / done  6)  ask seller for  extension on closing date if the  work  will take  longer than 10 days ,,,Good luck

I'm a new investor looking to get into short-term rentals, and in doing my research I've come across the '10% down vacation home mortgage' so I'm looking for lenders that offer this.

I currently have two mid term rentals I have been renting out in Dallas for several years now, and find myself having issues with one of my renters. 

For reference, I am speaking from a long term rental perspective.

I am going to search for housing as a end user. https://www.furnishedfinder.com/housing/Manchester/New-Hamps...This gives a really good high level overview of what I can see in terms of actual listings.

He has already agreed verbally to give us earnest money 2) Our terms, conditions, and contingency we discussed with said minion we're not included in the contract. 

If you have certain skill set but lack the other, are you confident enough in yourself in terms of motivation, learning capability to learn the new skills you need to become successful in the field you want to be? 

But I figured you meant that maybe the property was in bad condition, but the loan terms themselves weren't bad. 

All that said...if you're not confident you can get at least 1.5x your LT rents as an MTR, I think I might go with long term but skip the management company and DIY. 

Purchase price: $850,000 Cash invested: $15,000 Bought on owner financing on a 5 yr term.