Quote:
Originally Posted by kcinnick
I am looking at investing in Vacation Rentals now, at 32. Tennessee is looking promising as a cheap start and we vacation there every year anyway. I know one day I will pick up something in the panhandle, and something in a fishing town in Louisiana. Rather "invest" the money than give it to the government. Paying cash for properties makes them income earners right away. Probably will keep the majority in TN and NC along the border. Great weather, great clientele, lots of CHEAP property management help.
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I would never own rental property out of town. It would become a nightmare. But I really think Vacation rentals is where it's at for long term return. You just have to be close by to take care of all the issues.
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