Big things are happening in the community, a large medical facility is getting built and there is talks of a ski hill.

A pre 1977 mobile home has aluminum wiring and should be avoided.

Well, you have quite a few strikes working against you as far as getting this deal financed with hard money.Let's say you brought this to me and wanted to see if I could get you some pricing and see if I could get a pre-approval.Questions I'd have for you as a lender:1) This is a big deal, you're talking about putting up 20% of 600k let's say. 

Purchase price: $960,000 Cash invested: $75,000 Short term rental located in close proximity to Salt Lake City and Park City downtown areas, all ski resorts, and a multitude of outdoor activities.

The roof is a "pre-existing condition" and was built into the purchase price.

So, I think it's a good idea to get a pre-sale appraisal.

I have done preliminary research on the rules there but just looking for some real-world input on running an STR in a resort/ski town.

Yes, Mammoth Lakes is a community whose primary source of income is tourism in the winter (ski resort) and summer (near Yosemite).

Since I am a new investor, the bank is requiring 30% down plus closing costs.The loan will have a fixed 4.82% APR for 30 years30% down  will be $75,000 + $6,000 in closing costs. 

Hi all,
     Wondering if there is anyone on the boards that have a rental property in the Dover, Wilmington area of Vermont near Mount Snow.  I've driven through the area many times.  Considering picking up one of t...