If you are considering investing in real estate, you may want to consider getting a vacation home. A traditional investment home is usually rented out on an annual contract so it is always lived in, but a vacation house is more flexible so you can use it to get away to the sea or mountains whenever you want. When you arent using the house, you can rent it to other travelers and earn revenue to help cover the cost of owning a second house. You can also have a rental company handle the particulars so your property will be completely hands-off.