If you own a vacation rental in the Smokies, it might feel like demand is soft.

This is my brother in law's time share which he lost money and often forget to take vacation. 

I don't think that the tenant will do anything with the yard before vacating the property.

I just started thinking about selling it because of the new local rental/landlord law in Concord, and there is no more depreciation.Plus, I am thinking of maybe it will be nice to have a vacation/rental home in HI too and not worry much of maintenance if the building has maintenance and manager in house.

We use our property as a vacation rental.  

@Nathan Gesner 1) if you’re investing with a spouse make sure both are on board for self management or it will harm the relationship. 2) it’s a business, not a charity, so if you’re susceptible to hard luck stories from applicants/tenants, don’t self manage. 3) water heaters, heat and a/c, plumbing only seems to break down when you’re finally on vacation, so have good contractors in place who will go on your call and let you pay them from out of town.

Hi, my wife (we live in Upstate NY) and I are planning to purchase a STR this year with the plan to rent it for most of the year, and vacation 1-2 weeks there ourselves.  

You are far better off buying a stand-alone vacation rental and paying for a hotel room when you need it.  

My long term goal is to have a beach vacation home that functions as a STR that we stay in when we want, hopefuly 1031 exchanging into that.I also have started 2 real estate investing networking groups, and a monthly meetup.

The Code enforcement of the City sent a letter to say the tenant needs to vacate and the owner must reimburse for relocation fees in the amount of 2 months rent and the deposit.