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Updated over 3 years ago,
calculating vacation rentals
I'm thinking of trying my hand at vacation rentals but I don't know how to even begin calculating for cash flow, ROI, etc. How to know if the home will be a good deal. I've done it many times for SFH and MFH but never vacation rentals. There's so many other things to consider: cleaning fees, taking inventory after every guest, utilities, etc. Any suggestions would be greatly appreciated.