These are professionals with additional training and a stricter code of ethics.

In reality what skills and resources are most investors starting with?

What were interest rates for savings account pre-pandemic?  

Run-of-the-mill homes aren't going to do as well, but if you're bringing the amenities, buying a home with some style, furnishing well, photographing it with a professional and writing a slick listing, then your vacation rental should hit 55% out of the game and be aiming for 70% by year two or three.

It's crucial to conduct thorough research, consult with local professionals, and be prepared for unexpected expenses.If you're uncertain about specific local regulations or tax implications, consider consulting with a real estate professional, accountant, or attorney who can provide guidance based on your unique situation and the local market conditions.

I've seen professional property managers get stuck with a tenant that hasn't paid rent or allowed an inspection in three years.

Last 4 years have been an anomaly so weight the pre 2019 data more than 2020-2024.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Some of them are an hour away and, despite his superior skills in maintenance and management, he hates dealing with them sometimes.I think two hours away is too far.