Also claimed all the broken furniture was provided and not theirs so I got to take it all out.Occupied is a roll of the dice, a gamble you can not control.

.- passive investor puts in 30% cash for down payment in return for 40% ownership- deal provider (Me) puts zero cash in but finds, secures and manages the deal, bank financing and 100% of the property management- bank mortgage for 70%- closing costs split 50/50- capital improvements split 50/50- all monthly positive cash flow (profit) as well as 60% property ownership goes to the deal provider (me).- first refinance (year 3-5) get investor's 30% investment out (before I take any equity) so we can do it again! 

Inspection period, appraisal and financing (financing must be provided a denial by the lender).

There's also a 3 bay garage for storage that could provide some extra income, it's very near to a lake.

The LLC does provide a layer of protection, but there's a lot of discussion all over BP and elsewhere about if that protection is better than just having a good insurance policy in the first place.

G'Day everyone,Nobody talks much about the S#@% that real estate service providers put with.All we mostly see is the bad reviews from unsatisfied investors talking smack on all of us.So, I’m glad the thread I started a few weeks ago got traction and that many of you agreed.You can read more here - https://www.biggerpockets.com/forums/48/topics/1170821-wtf-i...I'm also happy to share some further light on the disrespect, incompetence and ignorance that we sometimes have to deal with.Here is a recent situation and unfortunately I’ve experienced hundreds like it over the the years.I guess common courtesy and common sense aren't so common nowadays.

It's not about how many deals you close, but how many people you can genuinely help with the services you provide.

If a host desires big appeal and profits, it can take a little more effort than the local resources provide. - Mortgage terms, rates and competitionTypically vacation rental properties are investment properties.

I don't know if Zillow provides one, but they should.

@David Bennett I am guilty of being the ‘nice and forgiving landlord’ in this circumstance and letting the behaviour repeat so I’m taking it as a learning lesson that being kind and cordial is always a good thing - cause I really do love the people aspect of owning rentals and providing people a nice safe home to live in - but don’t appreciate being take advantage of :-)