<prompt> Human: In the next 6 months to a year I will have around 100k that I wish to invest in real estate with the main goal being for quality vacations for the family without paying rentlease fees to other people.With that said, I am currently torn between buying potentially multiple time shares and buying a condo.Most time shares I looked into seem to be around 20k and the more interesting ones let you use points to travel basically anywhere in the country US and potentially even the world but US is more realistic. Money wise, if a time share is 20k and you are getting say a room that is 500night for 7 days per year then ignoring other factors you are getting the room free after around 5-6 years. There are also the yearly maintenance fees, which appear to be around 800-1500year depending on the level you buy at. At 500night you are still getting multiple nights for free each year after the first 5-6.From my research, the big downside to time shares seems to be the obvious lack of equity and that it is apparently hard to sell your timeshare if you ever needwant to. I also read that most sell for 12 of what they were initially bought for is this true?.With a condo the obvious advantage is the equity you get in the place and from talking with owners of many units in buildings we are interested in you easily pay back the mortgage solely off rentals. There are also the potential tax advantages for any related expenses I dont think anything time share related is a write off??.The downside to a condo from the vacation standpoint is that you are always going to the same place, and I would rather my kids get to experience many places and not the same one over and over.I realize my question has some factors outside of direct finance in it, but I also have to imagine that other people here have been in the same situation so I figured I could get some interesting feedback and also some solid feedback.  <response>: Dont buy a timeshare. Liquidity, real value, I could go on and on. Google it. 