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.

I didn't realize VR's were doing so well there!!

I am scheduled to close tomorrow. my contract says "broom clean condition", which i think is standard language in most PA's.well, i went there yesterday and the house is still a mess, multiple refrigirators, ovens, wheel chairs, porn tapes, cabinets, water heaters, dolls, tables, you name it, it's there.my agent left multiple messages with the sales agent (a huge knob!)

There are tons of VR's, but the 80/20 rules exists here as well. 20% of the properties are getting 80% of the bookings.What are your expences break down?