Anyone Recommend Vacation Rentals?

[Patricia Velez]

Hello!!

I am interested in possibly purchasing a house in South Lake Tahoe, CA for a Vacation Rental and for my family and I to use as well. Anyone have any success stories re Vaction Rentals? And any pitfalls to avoid? I hear more about SFR so I'm wonderfing if Vacation Rentals are not a good investment. Any insight would be appreciated as I'm a newbie investor! Also do you recommend using a Property Management company to manage the property?

Keep up the good work everyone!! 

[Kevin Miller]

@Cheryll Ramirez

I think that is because all the domestic travellers want to stay in houses not hotels.