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Updated about 3 years ago,
Opinions on investment properties in Big Bear for air bnb?
I see a lot of small 1 bed cabins on the market in Big Bear for around $100k. My only real estate experience so far is a condo I bought a couple of years ago in LA area that is my primary residence and I have no experience renting. Would it be reasonable to expect to be able to buy an inexpensive place in Big Bear that is "move in ready" and be able to at least cover the mortgage by renting on air bnb? I've stayed at several cabins/houses in Big Bear as an Air bnb customer and it seems like most have no problem booking solid through the summer and winter holidays and ski season.
What I am really looking for is owning a place somewhere that my family enjoys to vacation but be able to have it pay for itself and eventually make some income off it.