Looking for best CO towns for STR investments

[Heather Hall]

Hello- I am new to CO and looking to buy a property for STRs (vacation rentals and furnished corporate housing for 30-90 days). I will initially occupy the residence for at least one year as my primary residence.

I was initially thinking CO Springs but I would like to find a town/ city with milder summers and:

1- will appeal to vacationers or renters/ relocating families during all seasons

2- TH or SFH is ideal so I can avoid condo fees (but I'm open to suggestions)

3- A town that does not completely turn into a ghost town after ski season

4- Affordable/ good ROI (anyone have advice for determining ROI using mashvisor vs AirDNA vs other methods ?)

* I have read Winter Park might be a good option? Any thoughts? Frisco? Dillon?

In the Colorado Springs area, Woodland Park is my favorite due to cooler weather and Pike’s Forest. Would this be a good spot for a vacation rental?

Any other thoughts? Thanks!