However, factor in seasonal demand, strict regulations, and management overhead.

C-Class neighborhoods have older homes, average appreciation, but higher maintenance.

I even named them the #3 non-seasonal market in the US today in our BiggerStays weekly newsletter here based on numerous metrics.

Additionally, you can rent it out as an LTR during the off-season to ensure a steady cash flow.

Hello Michael and best of luck in your last year/season!

Seasoned investors have a deep understanding of the market.

Also, it depends how good of a deal you get and how good an operator (or the one you work with) are.Assuming you buy the "right" property in the "right" place overseas, you'd typically have a higher unlevered ROI overseas because a) a like-kind property would be cheaper and b) the (high) season could be longer and therefore the revenue higher.The US used to have the advantage of the financing (availability + interest rate).

Built-as" multifamily > Conversions – Those older conversions can be a money pit.

Same as @John Underwood, @Diaz Principe Nicolas.I would love to get more off season bookings but there ins't much call for a iced in lake house with a foot of snow on the ground and the lake being frozen over.It is fun to see how many turkeys end up on the deck and to watch if wolves use the frozen lake to move around.

In most cases, partnerships are most effective for seasoned investors.Therefore, a conventional or private loan is safer than forming a partnership if you plan to purchase a single-family home.Private money loanBorrowing money from private money lenders is another option to buy a rehab or rental property.