[Leo the Dog]

My dad bought a beach house and rents it out by the week in peak season and by the month in non-peak. Whenever he wants to retreat to a nice, warm southern beach, it is not available for others to rent. Property management cleans and turns the property for the next guest.

He could stay a weekend, or a month. It's entirely up to him.

It's a free place (that actually pays) with a ROI of 8%.

Makes economical sense to own a second home if you find a good deal in a great location where it'll be easy to keep it rented.