You don’t like challenges - Most successful VR owners encounter challenges like difficult guests, maintenance issues, and niggling competitors on a monthly (if not weekly) basisYou despise technologyYou don’t stay in vacation rentals yourself - Like any good salesperson, being passionate about the product you are promoting is a must.You are not the DIY (Do It Yourself) type - Successful investors in the vacation rental space are almost always DIY-types: individuals who don’t mind trying to fix problems (from marketing to maintenance) by themselves before giving the professionals a call.You don’t embrace the idea of hospitalityYou’d prefer the quick buck to the long run - Slick investors are often looking for the biggest return in the shortest period of time possible. Operating a successful vacation rental is not like flipping houses.
See on biggerpockets.com
via Tumblr http://italianentertainment.tumblr.com/post/53184878391