Vacation rentals in a recession

[Randy Dulac]

I found a 2nd home/ vacation str in my state that I am interested in.  I ran the numbers it will make a decent profit.  The area has year round vacation activities.  My market is smoking hot right now.  I know no one can see the future, but how does a vacation home market do in a recession?  My gut tells me that these areas will be hit harder than other areas.  I want to pull the trigger, but I want to have realistic expectations.  I don't think the house will cashflow with LTR.