Hi Dane,Lets talk YOU for a moment.Every high income physician I know makes that income by putting in the hours.And then there are the required "Unwind" hours that increase with the increase in billable hours.And then there are the "getaways" //recreational travel to recharge your batteries// if you do that.Look at your daily, weekly, and monthly current time commitment and figure out where the time will come from to handle a psudo-hotel business.How many times must you take a call for the business when you are treating Mrs.

Hi @Jamie Mason,Sarasota is a popular destination with the wealthy retiree and family demographic because it offers such a diverse range of recreation and leisure activities together with the stunning landscapes and wildlife it is a genuine gem.

Inspected the property, 25k in deferred maintenance at the least, windows, foundation, laundry room needing cleaned up/updated, exterior of building needs painted, apartments updated as people move out.Lower C class for sure, but can be built back up, I’m good at those things.Made offer based on current rent, differed maintenances, cost of money, insurance all expenses are up, lower end of the economic scale renters, cost of living way up, so a downward pressure on their money, not much room for rent increases.If building had differed maintenance repairs done as described above, I believe to building is worth 225k, wont work at the 8% I was quoted by the bank a couple a months ago.Offered 200k explaining the deferred issues to owner, a big fat NO, was the reply.LIKE OTHER SELLERS IN TODAYS MARKET MOST ARE STILL STUCK ON NUMBERS FROM A FEW YRS AGO.Read books by Steve Berges and Brandon Turner, RE; creative financing strategies.

I was online the second it listed and I knew the neighborhood was on the largest recreational lake in Massachusetts How did you finance this deal?

Second- recreational PMs are just not effecient.

Jimmy announces he has notes for sale, and gets some trade offers, of basically what we used to charitably describe as “recreational” lots.  

This area is an outdoor recreational heaven.

It is in a prime location in Richmond county with close proximity to shopping, schools and recreation!

We don't want to recreate the wheel.

And on your days off, if you are in a nice place, you go out to see what the area has to offer as far as recreation.