If so, those numbers are solid.You'll also want to investigate the market - I'm assuming it's a popular getaway destination for the Austin/San Antonio crowds.  

Just to give you a few examples, you have standard single family STR's vs LTR's, destination hotspot STR's, standard single family LTR's vs small multifamily LTR's.

If you decide to look into this just know the property needs to be in a vacation destination.

The goal has to have a finite destination and time limit on it.For example you may say your goal is 20 houses in 20 years (paid off) earning $20,000 per month.. (20,20,20 goal).Now you know where you're going and the timeframe for this to happen.

Investment Info:

Condo buy & hold investment.

Purchase price: $695,000

Cash invested: $260,000

2 bed / 2 bath / 2 story ocean view condominium, purchased for short term vacation rentals. renovate...

I dream of owning and directing a clean living destination resort housed in an old motel just off Gulf Blvd in St.

I don't really want to blaze new ground with AirBnB in residential areas that are not used to vacation rentals, but in vacation destinations I think it is a great idea - only here at the Lake of the Ozarks and Branson it is more HomeAway and VRBO than AirBnB, and there are entire areas that already know what vacation rentals are and are all set up to have them so you are not fighting city halls that are creating new laws against AirBnB.

Silverthorne is a great area with a lot of access to recreational activity (skiing, fishing, rafting, etc).Steamboat a great recreational areaGrand Lake/GranbyWinter ParkTellurideAll are destination areas

Lenders know your ETS date and may choose not to lend to someone with an uncertain financial future.Depending on prices in your first and second destination, you can use your VA loan to buy, then use your remaining entitlement in the new location to buy again.

That is quite a spectrum of geographies, but it would make sense if you like to travel to those particular destinations.