OldShooter
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
There are different hassles. Kitchens without even basic things like salt and pepper, inadequate cooking utensils, bedding and sheets marginal or lacking, no or poor stereo system, inside and outside steps hard to navigate. Location and upkeep not as nice as the pictures and advertising promised. Having to immediately go to grocery stor or roll the dice on selecting a restaurant instead of getting some wine from the rack and relaxing from the drive. We've done it at many, many AirBnBs US and international but it is not our favorite way to live.I meant as far as the hassle factor....do you disagree on that point...
True also of your first house. Do you rent that?I don't have to buy a second house to know it's not a simple as renting..
Owning our second home is adequately simple for us and, with the appreciation we've seen I'm pretty sure that owning it will end up being cash flow positive if we ever sell. Around $16K/year appreciation so far/25 years, property taxes around $3K/year, maybe $100K in improvements, $30K in maintenance like a new roof, paint, etc. I'm never going to go back and work all the numbers out, but overall it has absolutely been a lot cheaper than renting ever would have been.
@pb4 says it well.