Using a bank is the cheapest option and highly recommended.

Negotiate, negotiate, negotiate... yes i was taking the sellers position and safety.. however its something to keep in mind if they balk a little one could offer this does not have to super high rate maybe just a tad over the wrapped rate. but one could show them the math on it and it might swing the deal plus when they learn that its a safer way to do these it could also put the buyer in good standing with the seller ??

There are other revenue streams we could add if we acquired a food and beverage license, sold merchandise, adding events during week (corp events), etc. in addition to the nightly rentals of the owner's cabin. 

Newer homes are not always the "safest" - you'd be surprised at some of the high cost repairs that even new homes run into.I don't have an age limit on homes I would operate - many of mine were built in the 1950s and are great structures!

I would highly suggest buying an existing community, it is almost always easier and more profitable unless you know what you're doing.

Consistent demand.I will add that’s a metro wide number, the actual city has been much more volatile, there were years the city grew high single digits, I think maybe even double digits one year.

Every submarket/micromarket is so unique, it's hard to know what your's can support when it comes to retail, and what it would be like to deal with those types of tenants, especially small business owners who may operate on a razor thin margin, like most food/coffee businesses do. 

The scarcity of these properties stems from high demand, limited supply, and fierce competition, especially from experienced investors grabbing good deals swiftly.

Food for thought:FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac Company

If you're just starting out I highly recommend buying a live-in flip.