This does not include being able to work a regular job.

Like I said this vacation / rental for me, is a bit more personal (because I love the Outer Banks) and I am having feelings of letting certain numbers ride that I normally wouldn't in one of my regular investments only because I want to have a place down there.

Having disclosures and having a judge care about them when you intentionally screw someone over that says they didn't understand all the paperwork are very different things.If they do that on a regular basis I assume they will go down hard the first time someone does get pissed off enough to see what they can do.These are definitely the sh*t stains of our industry that give everyone else a bad name.

@Samia BinghamSamia - Would you be able to elaborate any more on the present setup you are involved in/have the option to purchase.This type of investment interests me quite a bit as locally it seems to be a niche that could be filled, I'm sure plenty of other locales this works in as well besides established markets.What I'm interested in, are rents paid (if you know the ranges possibly) roughly the space someone gets for the rent, what perks they get -- is there coffee, virtual receptionist -- how is the office decorated/set up - any furniture supplied by landlord, can you pay online, terms of leases, bathroom set up -- do the tenants have to pay for web access or utilities, housekeeping, any fights/spats between neighbors, what type of tenants make up the mix.Really any insight from your experience would very much be appreciated.  

That means you go back into them on a regular basis.

Consequently, it's virtually impossible to get to the properties when it's snowing so we try to prepare the tenants to help themselves.If we had regular snow, we'd do a snow blower and clear after the bulk of the snow was done.

For supplied appliances, Landlord will work to correct any dysfunction as quickly as is practicable.

Just primed, filled seams with non shrink drywall mix, then put on a very heavy hand trow texture with regular joint compound.

Sadly, I see these situation fairly regularly (of course, you have to consider my business and clientele).

They should know basics, but they often give wrong information and I find myself correcting it regularly.