This could work well if you’re looking for steady monthly returns and don’t mind managing tenants (or hiring a property manager).Selling could also make sense if you’d rather use the $500,000 to diversify into other investments, like buying multiple properties or even a short-term rental on the lake as you mentioned.

 just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..

Make sure your financing is in place, and consider whether you’ll manage the property yourself or hire a property manager.

Your account structure depends on your goals for growth and if you plan to self-manage or hire a PM.

One of the worst mistakes you can make is hire an agent to do PM.

I used the radiator key to let the air out and 10 mins later the radiator was hot.

In anything you do, make sure you do your do diligence and hire the right professionals to walk you through its steps.Hope that helps.

At REI Nation, the owner can hire our management company. 

Pretty catchy IMO.....VRBOs money would be much better spent hiring better talent on the app/web development side.

You decided to become a real estate agent.You went to school, bought your books, passed your exam, got hired by a broker, ordered business cards and took a head shot.