[Christien]

I'm looking at possibly purchasing a house or condo for rental, but I'm just getting started. I'm looking at either a dwelling or a vacation rental, and return will probably be the deciding factor. I've read 5-15% of the home's value net for a vacation rental - is that similar in a leased residential home? My preference is a vacation rental, because it's something we could use in the off-season, plus it seems like a better class of people to deal with, and less issues. But maybe there's significantly more money in residential.