Types

• Vacation rentals in Orlando come in different sizes and styles. The city offers more than 16,000 timeshares, according to Orlando Florida Timeshares. These properties work well for people who do not want the commitment of a second mortgage and, instead, want a property they can visit once or twice a year, sharing the cost with others. Orlando also includes homes, often with pools, and condominiums nearby the attractions that you can purchase. These properties can range from one-bedroom condos to sprawling four- or five-bedroom, single-family homes.
  
  

Function

• Having a piece of vacation real estate in Orlando can serve multiple functions. Most importantly, it can give your family a place to stay when you visit the city. If Orlando is your annual vacation destination, you might actually save money in the long term if you own a piece of property there rather than paying exorbitant hotel rates to stay near the attractions. In addition, you can rent your property out to other Orlando visitors when you're not staying in it, to supplement your mortgage payment.
  
  

Geography

• Orlando's theme parks sit south of the city center along the Interstate 4 corridor that connects Orlando and Tampa. Though some vacation rentals will fall within Orlando's city limits, you can find others in cities like Kissimmee, St. Cloud, Lake Buena Vista and Celebration. Having a vacation rental in any of these cities will place you within minutes of Orlando's top attractions like Disney World.
  
  

Considerations

• Location is a key consideration when choosing a vacation rental in Orlando. You want to put yourself close to top attractions so that you can avoid the city's notoriously heavy traffic. If you plan to rent out your vacation property, compare prices for comparable rentals in the area. If you have a set rental amount you want to make each month to subsidize your mortgage payment, make sure that rate is competitive with other vacation rentals in the area.
  
  

Benefits

• Having a vacation rental in Orlando gives you a home away from home. Rather than keeping your family in a stuffy, one-bedroom hotel room, you can enjoy the space and comfort of a vacation property that truly feels like home. With amenities like a fully equipped kitchen, you can cut down on vacation costs by making meals at home rather than paying high prices for food inside the Orlando theme parks.