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.

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

That will be you one day.Your future self will thank you (in 10 years).

Generally, lenders base their refinance valuations on the property’s in-place income and existing condition, not future projections.

That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.

Now this is an annual thing (for all new properties).For rough math, you can generate a tax write off about 15-20% of the real estate value: one a million you can expect a $150k to 200k write-offs.

Trading off current cashflow for principal payoff in the future?

I want to know if there is anything I can do right now that will help me in becoming a realtor in the future.

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.