Counting down the hours now..... Three more days until vacation. Saturday morning we are heading up to Derby Indiana where the "retreat" ( land we bought) is located. The guy we bought the land from also has a piece of rental property he has now decided to sell. Its a small piece of land about 5 acres but it has a house/ cabin on it that's nice from the pics he sent me and it borders the land we already bought. So were going to check it out and maybe................
While we still can't move up there yet mainly because of wifes job with fuel prices We can't afford to drive 72 miles one way every day to work ( 2 vehicles because of shifts). But there is a possibility to hook up with a vacation rental company ( there are several in the area) that will maintain the place, set-up rentals for vacationers, maintain and do repairs that are needed, for a percentage of the rental. From what I have gathered they rent the place do all the work, and keep 40% to 45% of the rental charge themselves and we get the rest.
IMO something like that would be a win/ win. I don't have to worry about the place being damaged/ vandalized, as some one will check on it daily rented or not, and whatever income is generated will also help with insurance and mortgage payments.
Just thought I'd share the potential good news with my family here, Also I'll take lots of pics and post of at least the land when we return,



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