I "thought" I could get 4-600 a night on air BnB for the 6 months that is allowed to be occupied on land zoned recreational, but I'm not seeing anything up there that supports those prices.There are about 25 yards of dirt between the highway and the lake so berms for sound reduction and possibly if the county would let you, a better turn out/merge lane to get onto the highway. 

The seattle market is seeing price reductions in some areas but not a lot yet imo.

Supporting the reduction may be tough at times especially if they haven't held the property for a long time.  

then that many price reductions and days on the market are seriously hurting you.

I am cashflowing $100 - $200 a door, so I can only take so much rent reduction for these. 

Buyer reserves the right during the diligence period to request repairs or a price reduction should the Property not accurately reflect the home information provided by the Seller. 

However both have been becoming difficult to make the numbers work without major price reductions.

Homes are starting to sit on market longer and there are also price reductions in my area.

The way I did it - the secret- was massive principal reduction payments against one mortgage at a time. 

Specialty Lending—Caeli Ridge at Ridge Lending (see above) RENTAL INCOME VERIFICATION ONLY ‘no personal income verified: NO LIMIT ON NUMBER OF FINANCED PROPERTIES• Purchase, cash out and rate and term eligible• Min loan amt 75k• 75% max LTV• Min fico 620• 1-4 unit properties allowed, condos warrantable/non warrantable allowed•DTI (debt to income) based on DSR of property PITI/MONTHLY RENTAL INCOME *needs to be .65% or less to maintain 75% LTV, anything over 65% DTI will result in a reduction of LTV by 10%•Can finance up to 25 (yes 25!)