Do you know if you're interested in managing it yourself or professional VR Management.

First finding an area that rents well and renting is allowed(call a local VR Property Manager they will know all of the tricks.

And this is what separates the serious VR owner from the second home owner who occasionally rents it out.

v/r,Manuel

R: "No, no, no, no, no" (5 times - frowning and shaking his head)V: "R, listen.

@Toby is your question specific to Gatlinburg or VR in general?

VR property managers typically charge 20-30% of revenues.

If you provide free WiFi and your tenants use it for illegal purposes (child porn) don't be surprised if you get pulled into the investigation.

They've identified the turn-key VR's and are excited to begin ownership on one of the highest rated islands in the world, and #1 in Hawaii.Aloha,Jeff

You may have been able to squeeze out a higher return relative to a non VR, but it's still an active business model that is separate from the physical property and should not be used to determine the value of the property.