The problem is, it's not an up and running VR business.

Thanks for all the information and suggestions.I am meeting with a realtor tomorrow to do a market analysis for the area.Will post back if I follow through with the constructionRegards,VR

Self-managing a VR at a distance is challenging for this reason.  

Personally, from what I understand of the Tahoe market, I'd absolutely buy a VR that I'm only putting $500/mo towards.  

My first VR I put a TV in every room.

I'd stick to a low/no load index fund as part of the plan and avoid vacation rental markets unless you have a specific, high cash-flow niche that mitigates the seasonal downside inherent in most VR business.

A MFU 8-plex would provide an interesting opportunity;normal rent on 4vacation rent on the other 4Of course the VR half would have to be furnished and need onsite assistance, but VR units typically get a full month's rent for just a one week stay. 

If you are trying to rent a home for $1,000 when the market rent is $800 - then, you will have a high VR and opposite holds true.Overall, however, I think saying 20% is way off - even for warzones  and especially for this area.  

I manage VR in BB and my call volume has tripled. 

Id love to hear from the VR crowd.Where is this by the way?