When it comes to acquiring lucrative coastal luxury vacation rentals on the Oregon Coast the most challenging components can be permitting and timing. 

It depends on what you are spending on the deal.Sounds like it is about 50% expense ratio at 54.55% which I think is along with industry standards.The net income looks like its $23,543 for the seller.What is his interest rate?

Any advice on how to proceed would be greatly appreciated.

I do not have a mortgage on it.

Ditto on the North End.

That is my assumption too so wanted to pick others brain on this forum. 

I have looked and not found anything on this.I am getting a 75k loan from a family member and told them they would have a second on one of my multifamilies.

Knowing everything about your business, and subsequently managing all people involved, unfortunately, always rests on our shoulders.

I am ordering this book and any other suggestions on books as well.

Against my better judgement I modified the criteria based on feedback I received and this is not going as expected.