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Is it a good idea to buy a fixer-upper as a vacation rental?

April 26, 2017buy fixer-upper good IDEA rental vacation

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Is it a good idea to buy a fixer-upper as a vacation rental?

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Whether or not to buy a fixer-upper is really your call. While you may be able to buy a fixer-upper at a rock-bottom price right now, it may require a significant amount of time and money to make the property rentable and could require significant ongoing maintenance, which is especially difficult if your primary residence is not nearby.