By understanding the costs you may encounter upfront, you can take control of the process.Here are just a few things experts say you should be thinking about as you plan ahead.1.

It would cash flow nicely.One item to plan for from the beginning is the exit. 

Liquidity is important if this is money you plan to put to work in the near term. 

I'm planning on flying over, just trying to gather info right now and trying to decide where to start.Have a great day!

Building a strong financial plan, researching markets, assembling a reliable team, and having an exit strategy are essential steps to success.Good luck!

But anyone who books that is either going to pay next to nothing to be 25 minutes from all the stuff to do, OR, they will book it for the amenities and probably plan to stay in.Probably 90% of my guests in nashville have booked for location.

I plan to live in it and then rent it out in a year. 

I was planning on searching here today to see if I can find any meetups in our area.

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

A profit-sharing plan tied to retention and income is a great idea.