Catskill Rental Property Investments

[Ashlyn Longobardi]

I grew up in Catskill, NY and moved out of the area, but I am not looking to invest in rental properties - buy and hold (will consider air B&B if the location is right) back in my hometown and looking for some advice on Catskill from an investors perspective. I have continuously visited Catskill and over the past seven years I have seen it grow in terms of visitors from out of town. Across the river in Hudson amazes me how it now feels like walking through Williamsburg Brooklyn and I am just waiting for some of the tourists (and money) hop across the river to Catskill. Any opinions on the changes in Catskill real estate and renters over the past five years? Anyone had and air B&B luck?