Advice on beach properties and VRBOs

[Brandy Anderson]

Hello fellow investors! I am about to do a 1031 exchange and will be purchasing an investment property. I am thinking of buying a beach property and turning it into a VRBO. I would love some feedback on the drawbacks of each (beach properties and VRBOS), and on whether or not you guys are actually breaking even and/or cash flowing with these vacation rentals. All positive and negative feed back is welcomed and appreciated! I want to know "the good, the bad and the ugly" before jumping in. Thank you all!