@Brian Manion I’ve looked into something similar as well, but the challenge with the lakes region will always be seasonality.

Don't come around mid tax season looking for a CPA, the good ones will be no where to be found. 

If you have enough time in contract, if you wait two months, the gift funds would be seasoned and no longer present an issue. 

It's much easier to build a team in your local area and get hands on experience, then once you're a bit seasoned branch out into other out of market areas. 

In terms of a cash out, most lenders like to see some seasoning (minimum 3-6 months) of owning the property before you can actually tap the equity in the property. 

There are some in the $325 - $400k range, but the view may be seasonal, or the house small and undersized.I agree that you want a view to stand out in this market. 

And the taxes and insurance I can subtract due to write during tax season right .

Those three months will get you through March and into good renting season.

Like putting a band-aid over a bullet wound. 

I just own the mobile home and the park is open only 6 months and closed for the rest. it would not work as a LTR because of that. it cash flows good park fees are 12k for the season. property will cash flow about 30-35k as long as it is booked out solid which it has been the last 2 years I've owned it.