But you may have better luck with tenant stability (and therefore management costs) with SFRs.Your idea of different towns sounds good in theory, but make sure you factor in the cost of getting out to see these properties, at least twice a years at first, until you have utmost confidence in your managers.

You can try and take the trip as a tax deduction when traveling just get with your tax professional to set up properly.

I am from Amarillo Texas and am currently traveling on the road working as a Utility Inspector on the pipeline.

Gaining the knowledge and network will allow one to gain confidence in their ability to do that first deal as well, and actually GET IT DONE  :)

Here is the situation I am buying rentals where Iam the property owner manager and He has been the Owner/Manager and wants out of them he's retiring and wants to move, travel and such.

@Timothy Daniels Timothy I noticed you said you are already in the vacation rental game; we currently own 7 standard buy and hold properties and we are eager to buy a condo in two different VR markets that we travel to regularly . 

We are confident that this strategic shift lays the best framework for the future for Point2, ListHub, the industry and for our customers."

I'm confused as to why this may not be doable.According to Realist, the numbers look good:RealAVM™ (1): $548,583 Confidence Score (2): 85RealAVM™ Range: $493,725 - $603,441 Forecast Standard Deviation (3): 10Is this not valid information to consider?

We rent out our spare bedroom to qualified, positively reviewed travelers who are wanting to stay in a nice home instead of a hotel during their vacation.

My wife and I live in San Diego, CA but are mid-way through a year of travel away from our amazing but pricey So-Cal home.