Most homeowners shift to winter rentals during those months to keep some cash flow.If you’re planning to use the property yourself for two weeks in the summer, it’s important to keep in mind that it will take away a significant chunk of prime revenue, which will make it harder to break even or generate solid income.If year-round traffic is a key factor for you, you might want to look into areas down south or near a National Park, but with the right property and strategy, Cape Cod can still be a good investment—especially if you’re looking to have something to enjoy and eventually leave to your kids. 

I have a great general contractor and agent that tours the homes, does the work, and finishes up punch list items.

Ensure you have a detailed renovation plan and consider obtaining quotes from multiple contractors to validate this estimate.Rental Estimates Your projected rents of $2,000 and $2,600 seem promising.

I hope you enjoy your visit!

It's been nice to build different plans and seeing how/when the addition of more rental properties plays out in reaching my financial goals.Just wanted to share, thought others here might enjoy it too!

Talk to agents, investors, property managers, and contractors—this is the hard work that needs to be done.

Meeting with contractor today to better understand project cost

Enjoy the renovated home for 2 years and sell it for tax free gains.

I do them and I enjoy creating a great experience for the guests and the receiving more income for my property.

Anything too much has larger room for error on your first property since you are new to real estate and learning how to work with contractors and tenants.