Best Resources for Vacation Rental Investment
We run a small business that has been doing very well. Because of this, I'm exploring what it would look like to begin investing in vacation rental real estate as a way to:
1 - Save on taxes by taking depreciation
2 - Hold long-term appreciating assets
3 - Have properties where we enjoy vacationing that we can stay at when we go to do maintenance (probably 2 areas).
What resources would you recommend for someone just starting out who has these specific goals?
Additional Context:
- I'm usually a DIY everything guy because I grew up doing construction and farm work. However, because I need to focus on my business, I'd like to approach the vacation rental investments as investments as much as possible. In other words, I'm not trying to build a real estate business. So, I'd likely be working with a management company to work with, especially since I won't be living nearby.