Hey T.C. I think it can work well if you are in a tourist area with and hoa that won't end up fining you. I also think management fees can eat up a big portion of your margins due to how cumbersome it can be from afar. If you are close and can handle the management, it can certainly pencil out nicely. I've used VRBO and Airbnb myself over the years to rent places.
I don't want to be negative, I just like simpler investments these days. I've had a few properties out of state and it was more work than I cared for.
__________________
Todd
|