But for those that just host for a hobby or personal vacation home and not a business, would be out of place in such a setting! 

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

You can buy a Vacation home out of the state and only need to put 10% down. 

Henry Clark is absolutely right, keep it legal, professional and provide a 30-days notice to vacate (preferably via certified mail).

- as far flip and flop is concern or hold and rent ( short term, vacation rental ) ??

Yup, do it smart, as tenant's vacate, but I think your in the WRONG segment of REI.   

People on vacation or temporary work assignments. 

Going to be listing a new property soon by Lake Winnisquam in NH and Im looking for some recommendations /referrals for photographers & cleaners that specialize in ABnb / vacation rental property listings.Ideally they would have a lot of experience with short term rentals for both since they are much different than residential house cleanings and regular real estate photography for MLS listing.Anything helps!

We want to buy a few hours away in Ocean City, Maryland, where we grew up vacationing.

Quote from @Jesse Turner: Feel free to DM me about the AirDNA questions :) I'm looking for a community bank or portfolio lender who can offer a vacation home loan with a 10% down payment.