02-19-2009, 07:00 AM
hpp4me
I remember you asked about building and renting and were told that. The key difference is in buying an existing successful vacation rental.
If you plan to travel that much, an exisitng vacation rental could be a great choice. If you no longer have another living space, then you kind of have to liquidate all your personal stuff and be willing to live in the rental as furnished. With some luck you would find a rental that has a lockable room or other area where you could leave your personal stuff.
Be careful though about leaving your papers. That was how this one guy lost his identity and his house, by leaving papers in filing cabinets.
I remember you asked about building and renting and were told that. The key difference is in buying an existing successful vacation rental.
If you plan to travel that much, an exisitng vacation rental could be a great choice. If you no longer have another living space, then you kind of have to liquidate all your personal stuff and be willing to live in the rental as furnished. With some luck you would find a rental that has a lockable room or other area where you could leave your personal stuff.
Be careful though about leaving your papers. That was how this one guy lost his identity and his house, by leaving papers in filing cabinets.