Weaknesses:-
1. You will be liable for income tax from rental profits in the UK and Ireland.
2. You need somebody to arrange cleaning, meet-and-greet, maintenance, etc. Advertising will cost.
3. If those you trust to make life easy for you fall down on the job you’re doomed and fast. Don’t under estimate the potential.
4, Property insurance for letting is not cheap.
5. You’ll need to inspect the property at times during the year. Travel costs.
6. You’re in a partnership, decisions will need to be shared and you won’t be able to go it alone.
7. Much of your Capital will be tied up and not available after “investment.”
Strengths:-
1. You appear to have the savvy to attract repeat customers (important in holiday lets).
2. Capital available.
3. Value of property may increase progressively.
Options:-
1. Buy mobile homes instead; You'll likely more continuous income and less risk and us e less capital.
2. Long term rent (off season) on solid property likely may not necessitate retainer for an agent.
Gut Feeling:- Too much of a risk, loss of your decision, costly, no control, potential for huge loss.