I came across an existing note for sale from a private lender liquidating their portfolio.  

@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.

I would also look into implementing a PMS so that you can effectively manage all of your calendar’s & communication with guests.

Its a pleasure to provide professional property management and real estate information.

I am not a STR specialist in southern Maine, but I can connect you with a management company that is and would be able to give a more exact guess.

I am keen on finding out whether this market is a good starting point if I wish to develop a small portfolio of say 5 rental properties over the next 5 years. 

@Billy Farley we manage almost 700 doors in Metro Detroit, about 300 in City of Detroit, almost 100 S8 leases.So, PM us if you'd like to chat about S8:)

So I reached out to see what is going on and the manager I first talked to said, "the $550 is the eviction cost from the lawyer."

YOU or whom ever manages your PPC campaigns still decided what your ads shows up for.

I am happy with my Property Manager.