Some neighborhoods might offer better returns or be more stable than others, so local insights can be super helpful.

Ceiling fans need to be secured differently than a basic ceiling to be stable and this is of course electrical work so allowing a tenant to potentially do it is a liability issue if they got injured. 2.

I'm sixty years old and was toying with the idea of investing some of my retirement money in a home on Cape Cod.    

Although, if they do not have stable income, based on our requirements (3x monthly rent) the sister alone would not qualify.

Gold/silver falls into that category as well and is more stable, has a long history of value retention and can't be hacked or generated from a computer. 

Research hot areas like Fountain Square and consider the stable rental market.

Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.

Highlight how owner financing is a great retirement option, then ask him how much he would want per month. 

For the past decade, our team at Rent to Retirement has been helping investors navigate this process effectively with BP.

I tend to go for stable income, so I suppose a single family LTR?