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Best Cities to Own a Vacation Rental

24/7 Wall St. Logo By Colman Andrews of 24/7 Wall St. | Slide 1 of 11: Owning a second home, whether as an investment or a vacation getaway, may seem like a luxury to most of us, but a surprising number of American households -- almost eight million of them -- do indeed have a secondary property. Many of these are in rural areas or smaller towns, and the thought of retreating to a more tranquil and probably less crowded place has obvious appeal in the face of the COVID-19 pandemic. In fact, the vacation rental business is thriving right now, as private residences are seen as safer than hotels and better suited for working remotely. (However, before heading off for a getaway, it's important to be aware of the latest COVID-19 travel restrictions in each state.) Some locations around the country are particularly good places in which to own a vacation home, whether for personal use or rental or both, and also good places to seek out a rental for a temporary stay.

Owning a second home, whether as an investment or a vacation getaway, may seem like a luxury to most of us, but a surprising number of American households -- almost eight million of them -- do indeed have a secondary property.

Many of these are in rural areas or smaller towns, and the thought of retreating to a more tranquil and probably less crowded place has obvious appeal in the face of the COVID-19 pandemic. In fact, the vacation rental business is thriving right now, as private residences are seen as safer than hotels and better suited for working remotely. (However, before heading off for a getaway, it's important to be aware of the latest COVID-19 travel restrictions in each state.)

Some locations around the country are particularly good places in which to own a vacation home, whether for personal use or rental or both, and also good places to seek out a rental for a temporary stay.

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