Let’s be honest, a beautiful home in the middle of a field with no surrounding cities or businesses only sounds good to a select few.
When it comes to vacation, most people crave activity. That’s why rentals in areas like Traverse City and Saugatuck make money and rentals in Zutphen don’t. (Zutphen is real, google it!)
You can charge higher than normal rates for your rental property during peak season (typically the warmer months in Michigan). Often these properties make enough to cover the mortgage and raise funds for other investments.
Plus, you can use it in your personal time when it’s empty.
Michigan is one of the most lucrative vacation spots in the country.