Buying rental in the Catskills and Adirondacks
Hello all,
Just trying to get some insight here. I'm looking to buy land in the Adirondacks or Catskills and build a container home (40' Containers x 6). Would be used as a rental.
I've hit a dilemma, should I spend more money on property and purchase a Waterfront/Lakefront lot? Is it worth it? Should I get land that has only views (open mountain views)?
I've done a bit of legwork and see that houses that are lakefront/waterfront are being booked more frequently compared to homes that have a mountain view. The price difference of waterfront vs openview is about 50K-80K.
Would love to hear what you guys think.
Thanks.