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Updated over 8 years ago,
Vacation rentals
Hey guy,
I'm looking to see how everyone feels about investing in the hot vacation rental locations. I found a nice prospect in myrtle beach SC. Property costs $150,000. I see similar properties being rented at 1200-1500$ per Week. Property management in place. Hoa fees 300$ / month. Can anyone give me some insight into this kind of investing. Do/don'ts?