All Forum Posts by: Cody Kinser

Hi everyone!

Anyone have experience getting financing for a cabin that’s off-grid?

I'm considering buying a vacation/STR cabin near Yellowstone and many of the cabins either have no electricity or no septic (only an outhouse). I'm assuming a local lender is the best route but curious if anyone has experience with this and how different the financing is in terms of rate, down payment, etc. Thanks!

@Rohin Dhar that’s a great idea. It’s definitely a little cool in the winter in Jacksonville for a swim. I don’t have a pool heater, but I have a heater for the attached hot tub for the winter. Hoping that would suffice for attraction in winter. 

@Paul Sandhu that's an innovative idea! We already have an in ground pool at the house, just wondering about potential issues in switching from LTR to STR. Mainly accidents, tenant complaints, extra cleaning, etc. We have a professional pool cleaning company come out once a week right now for our LTR.

@Kevin Boyd have you had any major issues with renters and any of your pools. My nightmare is a drowning or drunken incident and getting sued. 

Thank you for all of the replies! Until this post I had seen nothing but negative things online warning to not get involved with STR if you have a pool. I'll reach out to some insurance companies and see what they say.

Hey everyone! I'm new to the community and looking for some advice. I own a SFR in Jacksonville, FL that is rented out to a full time tenant and managed by a local PM. I'm considering switching to short term renting via Airbnb, VRBO, etc but am concerned about the extra liability of the pool with short-term guests.

I already have good liability coverage along with an umbrella policy, but curious if anyone has had any major headaches or major success in the draw of a pool home. 

After checking the rental apps it seems I would have one of only a handful of pool homes in the area which makes it tempting to switch strategies since I don’t currently have much cash flow. 

Thanks in advance!

Cody