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Updated about 5 years ago,
STR proximity - How far is too far?
While looking into options to minimize a down payment and generate funds for future investments I began looking into STR opportunities in my area that could be bought as a vacation property. Killington mtn. VT and cape cod are both in my back yard.
While the cape is flooded in the warmer months it is quite desolate in the off season. Killington should draw rentals year round despite peaking during ski season.
Does anyone have experience with STR that are based around ski towns? How close to the resort should I be looking? Has anyone had success or failures in similar markets? I'd have the same questions for cape cod.