I would say in my experience (I have bought 5 cabins since July) that the revenue is good and the net cash flow is decent but not as great once you start factoring in expenses, specifically utilities and maintenance.
There are a lot of expenses in managing these cabins as things go wrong fairly often and getting a good and reliable person to work for you can be a real effort. On my first inspection, the inspector missed a leak, and the handyman who went in to "fix" it didnt do anything. As an out of state investor, be ready for scare tactics to try to upsell you on larger projects, and ongoing expensive maintenance to keep them going (fixing hottubs, fireplaces, etc.) (One of my cabins had some minor cracks in the foundation and the quotes I received to fix it ranged from $5k to $20k)
Utility costs are high at $250/ month on average for a 2bed/1bath and during the winter you're looking at $600-700/ month. I also recently had a seller not disclose an issue and am looking at $5000 to fix. Remains to be seen whether I can fight back on this. Just be very careful is all I will say.
I have not had a full year of data, but I think it's still a good market despite expenses, and if you have any questions you can reach out to me on PM.
