Hello! Target: STR/vacation home in Northern Vermont

[Benjamin Frank]

Hello everyone!

My first interest here is in seeking advice on purchasing a property that will initially serve dual function as a STR and vacation property for my family. We plan to purchase next year and are targeting areas around Killington and Sugarbush. Our end goal is to own both a property strictly for rental along with a family vacation home in a sem-rural setting on multiple acres. Our ideal would be a turn key property on >3 acres that we could immediately start renting out and is within 45 minutes to a ski slope but what we think is likely is purchasing a studio or small condo that is slope side that we could then leverage after a few years of paying down the mortgage for a larger more ideal property. We might also consider further north like Stow or Jay or possibly areas in Maine near Sunday River, Saddleback or Sugarloaf but the drives to those location would limit our ability to use as a family somewhat. We'd want to secure a cleaning company and set up the processes that prevent us from having to be onsite to deal with the majority of the needs of the property. I'm curious to hear from anyone with experiences in these areas or who have similar goals.