My mom does the accounts payable and receivables, I have another family member show the units, we have a full time maintenance guy.

Annual STR revenue for 4bed 4bath cabin is estimated to be about $45,000.

  (2) Variable cost: platform fees from Airbnb and VRBO, lodging/hotel/transit or whatever pass-through tax your local AHJ requires, cleaning fee, cost of replacement for consumables, repair and maintenance, etc. 

If it is, why can't you buy similar properties that you are renting with the money you make.If you get $200,000 annually(split proceeds with the other owner), you should be able to buy almost any type of property.

I like new construction since there isn't any deferred maintenance and the properties should be relatively maintenance free for the first couple years (although it's good to include maintenance/repairs in your pro forma and maintain reserves just in case). 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

STRs also avoid automatic classification as passive if rented for seven days or fewer per tenant.To maximize tax benefits, maintain detailed logs of all hours worked on activities like tenant communication, cleaning, maintenance, and marketing.

As for the 5 year annualized, that’s a number we get from the bigger pockets rental analyzer.

Basically zero maintenance.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.