Think of anything your tenants need to do before they vacate the property!

Here are some other factors and reasons the OR Coast makes a prime second home or vacation rental destination (for now and presumedly into the future!)

It's true that demand seems to be low across the board this year for vacation or travel rentals.

If I was going to use a HELOC for investing (which I've done several times), I'd buy a vacation rental or multi-family in a B class neighborhood.

Make sure the lawyer letter has something to the effect of "for your health and safety, we feel it is necessary for you to vacate the property.

If there is another incident with yourself or a tradesperson, they will be given notice and need to vacate. 

we currently live in long island, and was thinking of upstate NY, as that would be a drive away, if we ever decide to convert the STR to our vacation home.

Speaking as a vacation rental manager, we absolutely appreciate investors who build a team from the start.

(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.

Just ask anyone that's had to close on a weekend before a holiday, they probably would've paid anything to have their loan officer care as much as they did before leaving on vacation for a week..Highly Recommended or Reviewed - Let's be honest..reviews matter.