In looking for a vacation rental property there are several things that one should consider, some of this is very unique to a vacation property ....First is obviously the price and this of course isn’t unique to this type of property but you should have an idea of what your budget is and what you can afford to pay for out of pocket costs....For this particular home, it had to be a fixer upper, because I wanted a deal and I was working with a limited amount of money....Proximity into town was also on my list, this was very important as I wanted ppl to be able to go into town and enjoy a beer or good food or whatever, my place happens to be within 10-15 minutes of several small and very quaint towns. 

Enjoy your holiday!

But I enjoy work, so I continue to make money, invest more, and give more away.That's it.

@Sam HendricksenIf you as the owner are annoyed, most future tenants will be more annoyed because they’re paying and want quiet enjoyment.

Just looking for the right mix that will offset carrying costs and allow us to enjoy the property once in a while.

Enjoy the read.

I have enjoyed purchasing 2-3 bedroom townhomes in the Mesa AZ area.

But, since I will be living in the main unit, I’m going to be doing the majority of the rehab (it’s something I really enjoy and want to learn how to get proficient at).

You are gambling.

but once harvested those are the returns they enjoy..