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My wife and I are both 26 years old and newlyweds. She directs a family owned vacation rentals company called Ohiopyle Vacation Rentals in the Laurel Highlands of PA. It is a very successful company and her father owns it.
Now, we are looking into purchasing a home of our own to rent out as a vacation rental as well. We aren't sure where to begin. We do have a decent amount saved in liquid capital and good credit.
Vacation Rentals versus long term residential home rentals? If you were in our position, what would you do? Also would get real estate licenses help? Taking classes also