Upper Peninsula STR

[Xumin(Cassie) Ma]

I am new to Michigan UP area. Right now we are looking for properties to do short term rental/airbnb around Porcupine Mountain and upper north to Copper Harbor. Any investors here can provide some insights of the market there? How is the regulation? How is the occupancy rate and peak season?

[Charles Kao]

With the massive shortage of vacation rentals in the lower peninsula or due to cost I am seeing more people willing to travel to the upper peninsula.  The porcupine mountain area is decent in the winter because of ski traffic but because the drive is so far away I find some people personally just go to Mt Tremblant in Canada or take a short flight to a better ski resort.  In particular the area along Lake Michigan on the south border of the upper peninsula is where I would invest.   There are alot of people who want to be on Lake Michigan but with water levels incredibly high many homes lost their beach, which also decreased inventory and those still with a beach are pulling over 1000 a night.