First Time Investor Needs Advice on Vacation Rental
Hi All,
I'm looking at a Single Family Home in a beach vacation destination and trying to run the numbers. It's a bank-owned property and it looks well discounted for the area (65% ARV). I'm interested in Buy and Hold and would rent this out to vacationers on a daily/weekly basis. Any suggestions on where to get information to help estimate average annual occupancy? Any other advice on investing in vacation rentals?
Thanks!