What are your top 3 up and coming markets for Short Term Rentals?

[Garrett Brown]

I'm just getting a temperature feel from all of the STR investors out there that are paying attention to new markets. I think identifying these markets that have a history of vacation rentals (so STR regulations are not worried about), near State or Regional Attractions (alot of national attractions may be priced out but not all), while also being affordable for the average STR investor. I am Texas based so may answers will skew more towards my region but I would leave to hear what are some other areas you may be paying attention to that isn't as popular as some of the main stays (Smokies, Joshua Tree, etc)

Mine right now are 

1. Broken Bow, Oklahoma

2. Lake Conroe, Texas

3. Hot Springs, Arkansas

Honorable Mention

Lake Waco, Texas

Lake Tawakoni, Texas

Savannah, Georgia 

[Craig Jones]

There are a set of destinations in northern Wisconsin and Michigan that I think are potentially untapped STR markets. The lakeland area around Minocqua and Eagle River, WI. Door County near Green Bay. Northern MI around Traverse City.

These are not nationally known locations, but still pretty popular drive-to vacation spots for Minneapolis, Chicago, Milwaukee and Detroit metros.  Lake time in the summer, leaf peeping in the fall, and snowmobile / ski season in the winter.  

The skiing pales in comparison to Colorado or the Sierra Nevada of course, but I still thought it was pretty great as a kid growing up in the midwest 😃