STR Markets on the East Coast

[Tom Dempsey]

Hey all - 

Wondering if anyone can give me some insight on some of the more profitable short term rental markets on the east coast. I am from PA and am very familiar with the Poconos area and all that is going on there right now. I am somewhat interested in hearing other markets in the other east coast states that are highly profitable and offer value as a short term rental. 

Thanks in advance for the help! 

[Alexander Knowles]

Myrtle Beach! 20M visitors per year, very landlord friendly, zoned correctly in areas for STRs (likelihood of this changing is very low), 73 degrees year-round. Sticking points to consider: the higher property tax rate for being an investment property and insurance costs (wind, hail and flood) are the two most significant expenses we are seeing right now depending on if you go SFH or the condo route.