Connecticut investor: looking at vacation home rentals

[Mark Campo]

Hi everyone. I currently own one rental property (2-family). I am looking to jump into the vacation condo rental market in the Myrtle Beach area (or anywhere that has a large rental market with plenty of golf courses and ocean front properties).

My goal is to create a working formula where I can buy, renovate, hold, and rent a vacation condo with minimum physical work by me (outsource everything, from property management to renovation). As I perfect this hands off formula, I would like to scale it.