Sounds like your questions are more based on self-managing of the VR's rather than specific to Tahoe but you already got a ton of great feedback from the A-team on this site so far. 

A vacation rental should absolutely have a significantly higher cash flow than a long-term rental - the amount of money and time invested in a VR is much higher than a LTR, and cash flow should increase accordingly; if it doesn't, move on to another investment, because what you're looking at isn't a good one.  

@Rhonda BlueHi Rhonda I’m looking to get into the VR rental market in that exact area — Gatlinburg/Pigeon Forge /seiverville.... would love to pick your brain if you wouldn’t mind. :)

If you want to hop on a call sometime to discuss the VR biz, I'm happy to talk.

Never done one since I can not do one locally with the capital we have available and decided we did not want to assume the risk of overseeing a remote rehab thus the VR route.

I understand the reluctance, but look at most spaces available, they have a big broker sign since most guys want to see the space at the location - Something VR can't do.Well, I guess VR could, but have no idea how you accurately capture the ambiance external to the space :)

Her husband @Luke Carl is also the Yoda of remote VR management.

V/R,Ryan Nastase

When one goes to official government sites, they have their new addresses, but some of the other ones are not updated well.They did leave the house full of the sickest porn one could imagine....and filthy. 

I buy foreclosures and distressed, so during the initial rehab I'm always finding porn, drug paraphernalia, occasionally falling through rotten floors, evicting wild animals, discovering termite damage, etc.