We would still be ok putting it as STR since the area reopened to visitors but I figured I would diversify and have one STR and one LTR if Covid round 2 hits this winter and another freeze gets put on STRs.

One last thought... if this is your primary residence you can sometimes get away doing to work yourself, although please know what you are doing before attempting any electrical work or wiring as mistakes can be deadly.

What are some pros and cons of renting out vacation homes, typically ones in places that can be rented out year-round?

However, a few of the big ticket items really surprised me.DM me if you want to connect live/ come see it, share ideas.

Ideal tenants, in many cases.I've been leaning towards this approach for some time now -- my last round of vacancies were open to dogs but it just so happened that no dog-owners applied.

Your suggestion of using the true asset performance after the 2 year mark may be the ticket if I wait another 6 months, with the additional income of the future purchase.

Couple leaves the state to get away from neighbor, and lets 'Friends' move into house (without my permission).5.

My long-term are in a college town and are rented year-round, my short term rentals are in north Myrtle beach and are rented from mid-March to mid-October.Cash flow should be high on the priority list if you hope to retire early.  

It is located half-way between Cody and Yellowstone National Park which is a great location for a vacation rental and our own little get-away.

After informally surveying my guests the feed back has generally been that folks are looking to get away from the cities and gather with friends and family whom they miss from the lock-downs.