I think that's what also has me going, because I definitely don't have the funds to start buying multi-family properties or anything else and I don't have a mentor to guide me through anything dealing with real estate.

With my current savings, is this property a reasonable first investment?

Understand the demand for short-term rentals there, the peak seasons, and what similar properties are charging.I would also suggest networking with others who are already investing in that area.

Make sure to walk the neighborhood and property before you close on deals 3.

What class of property is this?

In a rent-to-own arrangement, you typically enter a lease agreement that includes an option to purchase the property later.

What is the value of a land trust if it is easy to get the information.Land trusts are just regular old trust that own real property.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Looking at doing a partnership in an investment property.

His entire math for this "Plan" only works due to the above dynamic.