Quote:
Originally Posted by John Mercier
I don't think sell it.
It seems more like they want a compound that they can lease out.
Its like purchasing a yacht or a jet and then commercializing it as part of a rental fleet.
STR are the same concept. People purchase a vacation home and then rent it out to pay for the property and ongoing costs with the intent to get their week or two free.
It is a different concept than the historical vacation cottage/camp that is shutdown and ''winterized'' while the owners are away.
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Except that if the purchaser is rich enough to buy this, they do not need the cash from the renters. This is very different than the working man who has dreamed of a lake house and stayed up late in his kitchen devising the perfect formula to swing it. So I'm with the folks looking for an ulterior motive