First, watch an episode or 2 of vacation house for free on HGTV.They take all your holding cost; mortgage, insurance, utilities, PM, etc.Determine the peak rental weeks and calculate how much they need to rent each week of the prime rental season to break even.You can bump this number up or rent for other events to do better than break even.For instance my Lake house is near Clemson University so I get top dollar for football game weekends and graduation.I also get renters in the winter.If you added a hot tub and have a fire place you may extend your peak season.Also check other properties in your area on homeaway or VRBO to see what the going rates are for a similar property to see if the numbers make sense.John

I love the floors, bathrooms are gorgeous, fireplace is beautiful - all very well done stuff!

If your subject property does not have a fireplace and comp one does, the value of the fireplace, style, quality of materials, workmanship and functionality is then assessed as can be proven in the market (people willing to pay 5K more for a fireplace like that one) and that amount is then deducted from the comp sale price to bring it in line with an estimated value for the sunbject.

Regarding fire places, our friends that have older apartments with fire places are often filling the fireplace gap with electric LED "virtual fireplaces". 

Once you have your comparable sales figures you’ll need to compensate for any differences, such as the lack of a garage, fireplace, or even a swimming pool.

305 SE 32nd St , Cape Coral , FL 33904 - 15 minutes and one bridge to river located around the corner from San Carlos Basin . 3 bedroom, 2.5 bathroom pool home with 2 car garage This home is one of a kind. balcony out of master bed room over looking pool, Formal living room, dining room, and incredible family room with high vaulted ceilings, fireplace and wet bar.

What did you do to the fireplace?

we also cleaned the chimney and got new fireplace screens for them to have something while the boiler was in the works. gas company is long gone from responding. still waiting on final words from insurance co.

We have a duplex that sits on top of garages for each unit, and then has a detached 2-car garage with its own power/meter, and even a fireplace, and they're all rented separately.

Made from solid logs from the now-extinct Chestnut tree, wood floors, and original rock fireplace.