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Page 3 · column 8 of 10 · from the scan, no model involved
What are the pro’s and con’s of investing in income-property at a summer resort?
The big lure to investors here is the quick ten or twelve week cash return which equals the return on year-round property that you have to wait fiftytwo weeks to get. Meanwhile, you are relieved of tenant problems and complaints for nine or ten months of the year. Another advantage is the ample time you have to make repairs since the property is vacant most of the year.
On the other side of the coin, close attention to the property is required each week during the season. This could be burdensome for some investors who prefer long
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