It's 2700 square feet and sleeps 8, and quite luxurious. 

@Michael B.Home Depot Lifeproof luxury vinyl planks.

Now, I UPGRADE my duplexes not with swimming pools mind you, but with microwaves over the stove, granite countertops, replace small and out-dated baseboards, replace carpet with luxury vinyl floors, upgrade to LED light fixtures, up-date faucets, new-used appliances, six panel interior doors and contrast paint (white ceiling, Light beige or grey walls and all trim white).  

Vacation and luxury rentals can range up to 25%-50% fee in Hawaii and other locations.

Just as your first home purchase is seldom (exempting trust fund kids, star athletes, movie/music stars, etc.) your dream forever home, you first rental is seldom the luxurious beach front home in a great vacation market.  

I figured a luxury 500 sq.ft 2 bed cabin for vacationers would work for groups of people hitting the slopes but for the LTR I believe you're correct.

It would fall into the "luxury" category, which should not be acquired through debt.Anyone else got any metrics they use to determine whether a debt makes sense for them?

My friend is a property manager for luxury condos and also recommended it: https://www.amazon.com/advion-Cockroach-Bait-4-syringes-1-06/dp/B002Y2GNVM/ref=asc_df_B002Y2GNVM/ 

New construction luxury mountain cabin 30 minutes outside of Boulder.

Most of my flooring is carpet though when the carpet is/gets worn out I upgrade to Armstrong Flooring luxury vinyl (Vivero Better).