If you are going to have 10 posts you might as well make the message useful.

I have edited out their name and changed the message slightly to make it more appropriate here.Originally posted by "[new BP member - your name here:"] say hello to 10 people.

sorry for the short message very busy!!

Thanks for all the kind messages.

well it does seem to me that these things are always at resort type areas...and that seems a little scary regarding being able to consistently rent them with long term leases....and they do seem like convertd apt buildings although some are brand new construction...maybe the "new construction" is the conversion construction.haha :beer: :goofy: :crazed: :crazed: :help: :whistle: :rock:

send a private message if you want to discuss.Joe

All kinds of discussions about where to buy towels, how to deal with lock outs, what about guests that do not vacant on time, managing units when you only have seasonal demand, how to spot fraud or scams and what to do with Spring Break group requests (party central in your rental).Send me a message and I can point you to the URL for the mailing list.I have some vacation rentals, I have looked at the numbers in Hawaii, Spain, Prague and Vermont.

Just shoot me a message!

If they make every payment on time for a year or two, your investor friend can hold the note for a nice investment over time.I do think that giving them 80% of the payments towards equity is too much, he should consider much less.Tenants should be easy to find via newspaper ads with a prerecorded message to screen out interested people.

After doing due diligence, and if the numbers have been consistent, there is margin for there being a good return for the investor.