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Anyone familiar with the STR market in upper Michigan?
My girlfriend and I are interested in buying into the upper Michigan STR markets (Traverse City, Charlevoix, Petoskey, Bay Harbor, etc), hoping we can take advantage of the hot vacation rental market up there in the summers and the popular ski slopes for the winters. Curious if anyone has had any luck in this area. I know some markets like Traverse City and Charlevoix are imposing STR ordinances to control the number of rental properties which is a bit concerning.