In our case, it is hard to beat the lake.

Another who bought a lake property merely says it's been going "okay."

There's also a 3 bay garage for storage that could provide some extra income, it's very near to a lake.

For instance, here in Lake Tahoe, South Lake Tahoe recently banned STRs everywhere except in town centers where guests can rely on public transport and promote more walkability. 

This is for the purpose of having a strong foundation that will minimize risk from any “Black Swan” event and will also increase your long term cashflow.When investing in real estate or business in general, one should always look to protecting the downside first before looking at the upside.Just my opinion 🤷‍♂️Regarding your $50,000 budget for turnkey.It will mostly be C or D class which I would advise against.High crime, lot of volatility, unemployed tenants and property management collects rents with a bullet proof vest and shot gun.On paper things look great, in real life they are much different.On the other hand, if you DIY in a markets like Ohio, Michigan and Indiana.You can definitely be into a B class asset for $50,000 purchase and rehab.Wishing you much success

Lady lake.

Some are in excellent shape and will last much longer.We have all fabic, made in the USA couches and chairs in our lake house and they still look great after 7 years.

I'm not familiar with the San Antonio market, can only speak to the Raleigh/Triangle area market but here's my take: 1) I'm currently invested in Raleigh, Cary, Smithfield, Selma, and Lake Lure NC2) I would consider other cities in NC, but not in TX just due to proximity.  2) SFH vs multi... there are a lot of factors, so depends on how you define "less headache". 

The main areas I've been looking at are Maggie valley/Waynesville and Lake Lure.

. -- Grand County, where Grand Lake is (also Winter Park), allows for vacation rentals pretty much unabated. -- Routt County, where Steamboat Springs is, has totally banned them.-- A little further south from you, the counties and cities around Denver are a little tougher on short-term rentals. -- Clear Creek County and Gilpin County both have caps on the number of Airbnbs and have met those caps. -- Jefferson County technically allows them but a county board has discretion over renewals, and I know of people being denied for what seem like arbitrary reasons.-- A little further from you, Park County is a great option.