Vacation Rentals

[Keith Schulz]

Does anyone own any vacation rental properties?

I live in southern wisconsin, and I'd like to buy a small cottage on a lake in norther WI. A lot of people from the Madison, Chicago, and Milwaukee areas use northern wisconsin as their weekend getaways.

In any case, I've been thinking about buying a property that I could use on weekends that I wanted to, and also use as a vaction rental when I'm not there.

So, I'd like to hear from anybody that has done something similar. Has your experience been good, or bad? Do you cashflow at all?

Thanks