Palm Springs (Vacation Rental)

[Emma Love]

Hi all, 

I have read through a ton of posts on Palm Springs. I am considering buying in Palm Springs right now, it looks like it's around 700k minimum for a 3/2. And that is a property that probably needs some work. What do people think of Palm Springs these days? Any areas to avoid? I live in the midwest, so I am also wondering how people handle the in-person check-in requirement without hiring a management company. My understanding is right now it's virtual, but if it goes back to being required in-person, I guess you'd have to ask your cleaner? Or someone else? Is it crazy to think we could gross 100-150k? 

I own in Michigan, we purchased for 310k and hope for 70k gross. I could probably do the same for another house, is that a better bet?