Vacation Rental Advice
I have owned student rentals, game-day rentals, condos and single family houses, but have never looked at vacation rentals. I am in Charleston, SC and it seems like a good area for vacation rentals. Does anyone have advice on how to analyze a property to use as a vacation rental? What vacancy factor do you use? Do I include a cleaning fee with the rental agreement? What rate do property managers typically charge? Is there any special insurance I need? Do you allow pets in your vacation rentals? Condo vs SFR for a vacation rental? Any advice is much appreciated!