Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!) 

This is very true for anything remotely affordable or entry level.

Yes, that is true.

.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.

I imagine these are on the low and high ends of the spectrum around much of the country, assuming you can find a small shop that does their own fabrication.

The only way to legally operate one is a true owner occupant, and even that has some restrictions.  

This is true even if you are looking at all the comps and can see that the appraiser chose the lowest comps available.  

Some HELOC lenders require you own the property for 6 months too, so I'd recommend to check that when shopping too.  

@Aaron SweatPossibly depending on LTV on those other assets - we have done this in the past. 10% interest is probably low I would expect 12-15% plus points but shop around.

Sounds to good to be true but I think the new 5% conventional route is solid!