I have a friend who owns a few properties that he uses as vacation rentals in the Florida Keys.

The goal isn't to be right or prove a point, its to get the unit vacated for as little $ as possible as fast as possible, much like when using cash-for-keys.

I think I could write a book sometimes with some of the crazy stories from owning and managing vacation rentals.

I have no reason not to vacate the tenants or increase the rent.

On one hand, you may give a 60-day notice to vacate.

I just read the article by Stephen Sorensen on the BP blog about vacation rentals.  

For example, if there is a gas leak, call 9-1-1, and then call me when everybody has vacated unit and is safe!

Prices in Hawaii are very similar to those here in San Diego, but I bet Hawaii would make for a great place to invest in vacation property.

Instead, if he rents somewhere else and a new tenant moves to the home he just vacated, again no change in supply and demand.

I ask this because Mass has much better economics for solar than Indy, and the 30% tax credit applies to a primary residence or vacation home, but may not apply to investment property (check with a tax professional on this as there are conflicting opinions even amongst CPA's).