@Jake F.Jake do you own a SFH there on the island or a condo, if its a condo how does the HOA fees factor into your profitability?

Will an appraisal come back higher because they would factor in the potential income or would an appraiser stick to the facts ie property size, br/ba, sq ft, finishes etc.We're excited about getting our first deal under contract.

Those factors are causing a shift toward the luxury segment of the market.

What type of weather do you prefer, that plays a factor as well.Moral of this story:  Go for quality of life - you only have one!

@Vince Bradley there are a lot more variables that need to be factored in before answering this question:1. how much was the first home you bought?

My opinion is that she is factoring and counting in the PITI against me twice, once in the income side and again on the debt side.

It sound like you've done a lot of homework leading up to this point.Did you factor in management costs when running the numbers?

This has been a key contributing factor in driving the Zoom-Town trend forward in travel and vacation rentals.

An open house often isn't the determining factor in what sells a given house it is an opportunity for the realtor holding it to meet new potential clients. 

Yes, your returns MAY not be as good with turn-key, but your hassle-factor and invested time are also much lower.