talk to me about vacation rentals - condo style

[Katelyn Atcavage Robideaux]

Hey BP fam. We are looking into beachfront (with beach access) condos for our next investment move.... ideally one that needs some love and is a value add. I've heard such mixed reviews from clients and fellow investors on their success with renting out condos. I found a few areas that allow weekly rentals, so, my plan would be to set it up as that and go from there.

1. Do you rent out condos/ have you in the past and how did it go? Successful? Best/Worst of it?

2. How did you know which HOA communities were open to helping with management of the rental? Simply calling? I know they do not put this on blast so my assumption is that is the only way. I have heard that they do help though and take part a %.

3. Any other insight on condo investments is welcome.