In my opinion you should look anyway to compare rates. 20% seems high but again, I'm not in the vacation rental arena so that my be normal.

Compare GLA to GLA not total SF to total SF.

No equity deals are IMHO 1. sub 2 purchase and rent out2. lease option and assign the deal for $5K+3. master lease if there is a cash flow comparing PITI /Rent monthlyHappy to hear other opinions/options for OP.

If you do have some concern have your agent pull up sold and pending comparables in the last 90 days, within a 1 to 2 mile radius of your home.

But that three percent is nothing compared to the low offers I'll get by sending the deal to the volume rehabbers or advertising it as FSBO.

Is this because the NE is that much more expensive when compared to other markets?

Just like a previous poster compared to the god/atheist argument, we have one side going, "You prove he does exist" and the other side going, "No, you prove he doesn't exists".

Anyway, so I feel like compared to other people I may be too paranoid but then again you can never be too careful!

I assume the rents are just proportional when compared to each other. so the cap rates may be similar.

I asked a wholesaler who primarily sells to hedge funds a reliable buyer and he says 2-3 out of 10 contracts he has to call and cancel with occupant buyers.