Clients considering investing in a second home to gather family for vacations or enjoy rental income should heed this list, which calculates the return on investment of rental properties in cities around the U.S. The Rented.com list compares the costs of home ownership in a particular city to the short-term rental potential there. The authors of the report, which evaluates 150 cities, remind investors that at the property level, homes can perform poorly even in cities that are ranked high, and vice versa. They also note that the top five cities in 2018 included more urban locations than ever before.
Source: Rented.com's third annual report on the 150 Best Places to Buy a Vacation Rental Property in 2018.