My mother is a RE agent also.

Lastly,I chose do things virtually simply because I work 60 hours a week on my job, I'm a mother of 3 kids under the age of 5!

We had a similar setup on my mother's FL villa & surges/brownouts were often a problem from the main (feed) panel.

Maybe this story will make you feel better: my mother and I were staying in a hotel room together once in Las Vegas.

I am helping my mother in law doing all of this and she kinda rushed me into certain information that I needed to get done first before she purchased this lien.

Before we bought the first property we assembled a professional support staff, banker, accountant, real estate agent, insurance dude, attorney that have supported us every step of the way.Lastly, I am a retired nursing home administrator.

This can be good for renting executive properties for short-term transferees, too. 53.Place ads on boards at Nursing & Retirement Homes: Frequently residents need to sell a house. 54.Consider placing Door Hangers on target properties: You can also use pre-printed post-it notes to leave messages at target properties.

I picture the guy calling back and saying something like "hey man I'm sorry I reacted that way, my mother just died, and me and my sister... yadda yadda" Simply put...

Vacation rentals is much more of a business than an investment, unless the owner/investor uses an all inclusive management company, which dilutes the ROI down to 6% or less.So once again it comes down to appreciation.If one wants to own a vacation property for personal use, and rent it out when they are not using it, that is at least partially a non business or non investment decision.I consider vacation rentals in that quasi investment / business grey area, along with nursing homes, hotels, golf courses, office suite rentals, etc.

(This include rehab costs, and holding costs which include property taxes, insurance, and utilities.)We held on to the property far longer than expected before listing it due to some health issues with my mother that I was taking care of.