I was recently interviewed about my thoughts on purchasing a vacation property. While I do have some pretty strong opinions on the subject, the article only used a few of my thoughts. The one factor that beats all the negatives to owning a vacation property is the family memories and traditions it provides. Aside from that component, I typically urge people to buy investment properties versus vacation properties. http://www.realtyexecutives.com/blog/vacation-home-investment-property/