When to consider purchasing vacation STR

[Trent Reeve]

As the rental season for a beach area such as Panama City Beach or Myrtle Beach is nearing the end, do prices for properties drop going into the off season?

If you were considering a property, would it be best to wait until say January, so that you dont carry a mortgage into the offseason without much rental income, but enough time to ensure it is set up and ready to go.