I know the "golden rule" for Disney vacation rentals is: SFH with a private pool. That being said, I am also exploring some more modest, but turn-key properties in the area...specifically looking at townhomes in Lucaya Village.
While cash flow is always the biggest factor as we want it to pay for itself and cash flow at least $400-$500/month, we also want an enjoyable vacation home where we can relax and I love the smaller, more quiet corner of Lucaya.
The homes for sale in Lucaya Village are 4 bedroom (as opposed to WH's 3), are updated and a few are appointed beautifully and are ready for STR, where the WH homes in my price range would need quite a bit of work to get them ready for me to list. HOA fees in Lucaya are a few hundred higher, but the lack of cash needed up front may be worth it? BUT...no private pool.
I just visited Doctor Phillips and stayed in an Airbnb with a pool and didn't even use it. It was cold and timing the heating of it didn't seem worth the money. We also had a pool guy show up (unannounced) to fix the heater. This obviously isnt an issue the majority of the time, but enough to make me wonder about the hassles of having a private pool. In my research, I've seen many complaints about a cold or non-working pool/spa and being that I want to begin by self-managing, my husband and I have ZERO experience or knowledge maintaining a pool.
I would LOVE to get some insight on this. I realize that a private pool is going to drive up ADR and occupancy, but I would also love to hear some perspective from someone who invested in a property without a private pool and hasn't regretted their decision...if there are any? 😁
@Jaclyn Lignos I had the same question but after discussing with investors and PMs, we came to a conclusion that Windsor Hills offer nice amenities and occupancy is much higher at WH.