On a rental that’s not generating income is it any different book keeping wise then you would for a rental that’s is making money Or what are good things to know or learn Thank you !

I know for the forseeable future I will be based in Quantico, Virginia but I am definitely open to out of state investing!

Would love to have [insert name] stay in the future!”.

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

In future if you are refinancing I would sometimes look to pay a higher purchse price but have seller concessions to bring the price down on paper but not for comp purposes. 

The property was sold on 9/13/2024 for $155,000, generating a significant profit.

They're highly popular for turnkey rental properties because qualification is primarily based on the income generated by the property itself rather than the borrower.

I see it advertised all the time about how these companies are able to generate leads and allow you to sit in the driver seat while they do all the hard work. 

I would like to buy a future retirement home to get away from the cold winters but in the meantime would love to rent it out as a vacation rental.What are the good areas to consider and where would I get the most vacation renters and cash flow?

You're doing a great thing for your financial future.