List the property as soon as you can so hopefully it doesn't stay vacant for long.I'm slightly bias because I recently moved in to a new place and vacated my old apartment with still about 3 months left on the lease.

Any way  so in a short hand way I agree with you on stopping to smell the roses when your young enough to do it.. but many simply dont have those choices they choose a job that they must keep at until they can retire and maybe  a week vacation to Hawaii or go party at Vegas is some highlights. 

My wife and I are in the process of closing on a vacation home in the Davenport area.

I like the area and wanted to use the house as a vacation home.

@Alan Asriants and I left out expenses like 10% for repairs at 5% for vacancies because I am so skilled at this I have never had a place vacate for less than one week because I keep them ship shape so it moves out.

As a good case study I  acquired an 11 unit mix-use building in May where I vacated 9 apartment units and will complete kitchen/bath renovations and build out one vacant commercial space.

What would the boss think about the idea of taking that $200k and investing it into a cash flowing property or properties, and using that cash flow to pay for your Crest vacation a couple times a year?

I am giving notice that I will need everyone to vacate no later than [DATE]."

Look into a vacation home loan as well if you own primary. 

I guess I don’t see how the local income level will impact non-local short term renters coming to StG for vacations.