Today is the second time in the past few weeks that a guest has asked us to allow them to cancel for a full refund the day before their stay because of bad weather where they live that may prevent them from traveling.

A couple words of caution, as Mike said, even if we frequent travelers to Mexico go for a condo or Airbnb type property, we want luxury.

I am taking the plunge and leaving my W-2 job (buying land for a homebuilder to develop into neighborhoods) to do some traveling and to commit to real estate investment full-time.

.; it's mostly undergrad students, grad students, traveling nurses, medical residents, etc.).  

You (almost) never draw a W2 salary from being a landlord.Rich Dad examples are for a completely different scenario, such as potentially running a store or a gym or being a traveling guru teaching others about creating corporations and writing fiction books about fictional characters who supposedly influenced you. ;)Fringe benefits of C-corporations are extremely limited for their owners even when it is appropriate to consider a C-corp for some other reasons.

I would rent out the room as soon as you can as a midterm rental to travel nurses or other traveling professionals.

There is a big hospital in my town, so I think I can target to traveling nurses, however we have very active 2 toddler boys, so I am not sure if anyone will stay in my house.  

@Robert Kough besides marketing as a traditional vacation rental you could also market to corporate travelers/travel nurses, etc. as well to supplement any downtime you may have.

Both SSDI and SSI are administered by the Social Security Administration and only individuals who have a disability and meet medical criteria may qualify for benefits under either program.

She works remote and travels most of the year but her home address is set to this property in Chattanooga.