Am I crazy? Vacation rental
I must be crazy, I'm considering a vacation home near a ski area! I was looking at the numbers, see what I *could* rent it for when I'm not using it. Aside from the headaches of dealing with tenants, do you think this is a bad idea? Any "rules of thumb" like the 2% rule for normal rentals? Someone told me 17 weeks, meaning the amount I could get for renting for 17 weeks must exceed the yearly mortgage (which this place clearly does)! To top it off, its a Log Cabin, so all the potential headaches of dealing with logs and stress points in the building and such.