Disney Vacation Rentals
Hello! I just discovered BP and am excited to learn from like-minded people!
I live in Virginia but I am hoping to invest in my first rental property, a vacation home around Disney World. I know there has been debate with long-term vs short-term rentals and I still haven't decided which would be the best option. If I choose the short-term rental path, I would want to find an excellent property manager who specializes in vacation rental. I would be looking to purchase a property in the Villas at Seven Dwarfs Lane or a neighboring community with similar amenities. My budget is around $130K. Because this is my first investment, a part of me feels like I should keep it simple and purchase a property intended for long-term lease. I'm looking to purchase in the next 6-9 months.
Can anyone offer insight on vacation rental vs long-term rental? I understand vacation rental is more cost and effort, but it would be quite the adventure. I'm looking to connect with investors/property mangers/realtors in the area.
Thanks!