Picking a "huge" number out of thin air is about accurate as throwing a dart at a board full of options while blindfolded.

@Kristine GarbergI was just in Italy for two weeks staying in various Air B & B's.

He may have mentioned Vegas because then you could use it as an Air BnB property.

Whether you air bnb, rent it out (seasonally or year-round), or just own it as a vacation home or part of a timeshare, I'd like to know how your numbers have changed and/or how you've had to adapt. 

Some initial thoughts:Does the house have central air?

It was mechanically perfect except for and older air conditioner that worked just fine.The numbers:I Did all the work myself except for granite install and carpet laying.Purchase price $185k + 25k in renovation= $210k invested Bank interest was about $5k/year X 5 years= $25K Total taxes paid $21kTax free profit because it was primary residence= $63k.There was a bit of appreciation but not that much.The bank appraisal when I purchased it was $215 and the assed value was $280 so I definitely made money when I originally bought it.I considered renting it or doing FSBO but called a realtor friend in for a consultation ahead of time. 

My name is Kaitlyn Beard (I go by Keeks) and am in the Air Force.

The initial lunge is crucial and is an advantage that often propels the athlete with the best start across the finish line with arms raised high in the air.

Sure I pulled the 98% number out of thin air but I would say it is reasonable. 

Hey guys,So I have my primary residence in Dallas and have been renting it out on Air B&B and living with my parents to see if it would make enough to justify as a rental (which it does thankfully).