Which high occupancy market would you recommend for a STR with a budget of $750k?

[Andy B.]

Goal: Invest in a STR with full year demand where the risk of not breaking even is low (high occupancy) and decent cash flow. Preferably markets that are within a 3 hour flight from NY.

Budget: $750k

I was thinking of getting a property in Orlando close to Disney. Seems its doable with my budget and thats what I am leaning towards right now. Hoping I could get a few more market suggestions that are worth considering.

[January Johnson]

Occupancy is not as important as GROSS REVENUE. If you had 50% occupancy but got $100K in GRI, that's way better than 80% occupancy with $90K (or even $100K) GRI, since wear and tear would be way less with lower occupancy.

Don't focus on Occupancy or ADR as much as total revenue.  It's just math how you get to the bottom line.