Don't let the perception of a really good deal take you into a money pit or a white elephant, it's not a deal if you can't pull it off.

It seems like the colder months would be much slower, but I'm not sure if that's perception or reality. 

$575K could get you a multi-family (or numerous multi-families, if not a small apartment complex) in some markets (not necessarily in Boston MA).

My perception of Tahoe residents are that they live there due to lifestyle as opposed to economic advantage.

You are doing your 1st Duplex deal, house hacking and the numerous people on this board in some form or fashion tell you to take legal action, drop the transaction, don't honor the lease, and keep the less paying tenant.  

Kris Ashili - Define your rental criteria and apply evenly across all applicants.Example:- Credit score > 650, else cosigner needed - Proven income > 3x rent- No violent/sexual crime records- Good references from job & 2-3 previous landlords (this could let you legally deny them all if you found bad prior history)- No evictionsAdditionally:- Upfront payment (1st/last/1 month sec dep or whatever is max allowed by law)- All tenants must be named on leaseTo avoid any perception of discrimination, apply the standards and send rejection letter highlighting (use check box form letter?)

Of course there are numerous paragraphs that vaguely excuse the seller from any costs associated with the home, and I'm sure these liens will fall into them.We shall see.

Personally when I write checks, I like the checks to be written in chronological order and for the check numbers to clear the bank in as close to numerical order as possible.  

I have come across your posts numerous times and found them to be very valuable.  

So I really encourage you to take a second look at your numbers to make sure the deal makes numerical sense.