Obviously, people will always need a place to stay, but they might not necessarily need luxury vacations when times are hard.Still, all things considered and all other factors remaining the same....

If so, is that factored in to your numbers?  

I'm not sure what the management and maintenance fees you have factored in are.

@Patrick Connell I think it's a combination of several factors leading me to the conclusion I either 1.

It's a factor that plays into my decision making but it's probably fifth on my list.

Some common desirable factors might be:* Proximity to a great school* Beautiful ocean views* Beautiful mountain viewsIn fact the investors' choice of Sokcho to invest is in large part driven by what they see as Sokcho’s inherent desirability as a location (ex: proximity to Mt.

As for solving the confusion factor some mentioned earlier in the thread, I open what my bank refers to as a zero balance checking account.

There are obviously other factors go into determining good investment decisions.

I'd like to become financially independent so I can do lifestyle, political commentaty and social activism videos via youtube to further the humanist agenda.

I agree with @Brent Coombs...numbers aren't enticing with vacancy, cap ex, repairs, prop. management factored in.