I wanted to connect with any folks with connections in the Prescott area!

There are a couple REIAs in the Tri-State area, but none of them are backed by the power of BP and the incredible people that it tends to attract.

Most of the buyers are just regular folks looking for a home, so they are not at all thinking about cap rates. 

With regard to the proximity to the beach, I tend to have a beach distance of 15 min or 5 mile rule, whichever is less. 

In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.

I’ve found that C to B-class neighborhoods tend to perform best for Section 8 rentals.

Less than 10 minutes and they are done.Self Managed, Low Volume - these folks collect the same rent every month, have minimal expenses beyond their mortgage and find it very easy to collect the few documents they have to report it. 

I am guessing it is just kids tossing them in their bags when their folks try and get them to hustle up.

I let VRBO and AirBNB handle that.Bottom line is you are taking a risk every time you allow folks to use the house.

We've had two-four folks parrot their subto teachings on here for the last 2 years+, they come back under different aliases and re do it.