I've been interested in real estate for many years and I enjoy seeing the potential that a property can have in the right hands.

Some programs these days have interest rates down in the 7.99% range.FYI, I personally have vacation rentals in Fort Lauderdale and Palm Springs. 

Last November I made my first purchase near Killington, Vermont (MLS 4399845) with the intention of doing vacation rentals.

Whether your tenant vacates next year or 5 years from now, you want to know your options and what sort of tenant you can backfill the space.

I am an educator and love to learn as much as I enjoy teaching.  

Living in Hawai i you are probably pretty familiar with short term vacation rentals which can generate higher cash flow...but also cost more to get into than say a long term rental.  

After having several discussions with other swappers, I realized that many of them are using 2nd homes, or vacation homes for additional benefits.My question for the BP community is whether there is an investment strategy anyone has used in this arena, or is it really just for recreational use of a vacation home?  

Enjoy the wealth of information and knowledge here. :)

Enjoy.

Also, if the market shifts, and it no longer makes sense as a vacation rental, make sure you have an exit strategy in place.