Im under water each month with my mortgage, and not terribly certain there's much up-swing left in my rent at my current mortgage, let alone if I do a cash-out refi in order to buy another property. 

Peachtree City is an expensive area, but this area has miles and miles of golf cart paths that connect the city so you don’t need a car to drive or walk anywhere.

Also, you can only deduct losses against regular income if you are actively managing your property (no concrete definition, but you have to be the decision maker, not necessarily swinging a hammer) or you are a real estate professional (working over 750 hours a year in RE).Example:W-2 income $95,000Rental property Rental income $13,000Taxes $3,000Maintenance $2,000Mortgage interest $5,000Depreciation $7,000Rental loss that I report to the IRS on Schedule E: $-4,000 ($13,000-$3,000-$2,000-$5,000-$7,000)So when I do my taxes, I get to tell the IRS I made $91,000 instead of $95,000.

I work full time right now as a Business Manager for a golf course but have scheduled to take my Real Estate Classes in October.

I agree I think if you can swing it in your area with home prices look to do it.

Harbor Shores golf course in Benton Harbor, current home to the Senior PGA Championship, is another attraction.

@Michael BaumOh that's great tips for the bedding and spices and kitchen awesome advice, so we haven't selected, we're looking at going in with 3 others on a home that's at a brand new high end resort golf course close to state and national parks here in Utah it's $1-$3 million for the homes, they're new construction and so far the only one on air BNBs is going $1500/night for 5 bedroom I think it was.

The driveway part is shared, but if your tenants keeps swinging into their part to pull out, it is a problem and one that should have been checked with them first.

We invest the money, build the community slowly, sell to homeowners, build the pool/cabana later when the project is cash flowing and make a profit if we’re good at what we do.Let’s up the stakes and build 600 homes with a 10,000 square foot clubhouse, a huge pool, maybe a golf course.

I am looking to jump into the vacation condo rental market in the Myrtle Beach area (or anywhere that has a large rental market with plenty of golf courses and ocean front properties).My goal is to create a working formula where I can buy, renovate, hold, and rent a vacation condo with minimum physical work by me (outsource everything, from property management to renovation).