Many people have bought vacation homes in the past few years and – even with increase in travel and improvement in the economy – renters are getting fantastic deals. When you buy a place at the beach or the mountains, real estate agents always talk about “rental income potential.” People who buy want to think of these homes or condos as an investment. They want to rent out their place often and possibly make money on these places. Revenue projections say you will make a decent amount. But right now supply and demand are completely out of whack. It’s the fourth year in a row that renting is sluggish at resort properties. Prices are down about 20 percent when renting a home or condo at the beach or in the mountains. So, you can get great deals if you look around.