Spending more on vacation rentals

[Dan Stewart]

I have been reading for months about investing and keeping an eye on the market in the area I wanted to possibly buy. As an investor, it says the best thing you can do is get a place for a deal and don't settle for anything less. I am looking for a vacation rental that could be rented out for 12 months out of the year and not just during the summer months. However, it looks as if the prices are 25,000 to 50,000 more than I was originally willing to spend. Even places that need alot of work. Is this normal for vacation rentals? Or, should I continue to look for a deal?

Thanks for any advice!