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Find towns in the U.S. for a cheap vacation home. Affordable houses at the beach, lake, or mountains, do exist, from Alabama to New York to Colorado.
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The cabins are privately owned and are situated in specially designated tracts; occupants must abide by the rules of a Special Use Authorization permit issued by the Forest Service. Permit holders pay an annual fee for use of the land, and are expected to protect the forest environment and maintain the residences.
Sorensen's Resort is a mountain resort located just east of Hope Valley in Alpine County, California.Situated on a wide meadow in the upper reaches of Woodfords Canyon alongside the West Fork of the Carson River, the resort consists of a cluster of more than 30 wooden cabins of various sizes and configurations. [1]
Pretium planned to acquire these houses and rent them to families who had lost their homes or could no longer qualify for a mortgage. Pretium send confidential invitations to investors who could contribute $2 million. According to its solicitation documents in 2012, the plan was projected to have annualized returns of 15 to 20 percent.
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