Vacation Rentals....
I am looking at a couple investment properties, in a very busy vacation lake town here in Michigan, to be used as a vacation rental home. I have a good feel for the rents, have the marketing in place myself from what I use on my other properties, the city is a place that I am close to so can have my existing infrastructure reach quite easily, and am comfortable/familiar with the market. The city doesn't have any crazy restrictions either. For those that have delved into this strategy before, are there any other barriers I need to account for before pulling the trigger?
Thanks in advance