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Does anyone have any experience with vacation rentals as an investment?
I am thinking about vacation rentals vs locals as I don’t want to deal with the horror stories I’ve heard about with long term rentals. Also, I’d prefer to pay management company do to the bookings, cleaning and maintenance. I realize this approach will lower returns but may be worth the money for my situation.
I’d be looking to cash buy properties vs financing.
Any advice on where to start, what to do (or not to do)? Would love any sage wisdom you may have on the topic.
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