Recently, FL tourism reported 111MM people visited, but ~68MM went to Orlando.

The big thing to me is housing multiple vehicles in a central location of the city (Chicago is the primary option but would consider a move to another densely populated city like Vegas, Houston, or Atlanta..... tourism matters for my business)How would you guys proceed with trying to acquire a deal given my situation?

This create a huge surge in tourism which, combined with all the Americans going to Mexico to escape the lockdowns in the US and work there, had Mexico jumped from the 7th most visited country in the world in 2019 to the 3rd spot in 2019.

The local government is extremely supportive of tourism and vacation rentals in the Florida Panhandle.

From what I've seen, properties in Hawaii are all about location as the states economy is run on tourism.

Or if HOA is super pricey, could kill your deal. 2) Get an idea of true occupancy curve for tourism and times of year to get your estimated days rented as that will factor intro your Gross Revenue3) Make sure to do due diligence on cost of what you're getting and what it will potentially earn. 4) Management - investigate what full service or hybrid service options are available in the area.

After having the idea in my head I went and looked at a few houses around my area and then at popular tourism areas within 4 hours of where I live.

Here in Greater Vancouver, I can see why properties are so high in demand: job opportunities (IT, trades, year-round tourism, etc.), colleges/universities, lifestyle (skiing, mountain biking, rock climbing), mild weather (rarely ever have to shovel snow!)

Ideally, HOA's help protect your investment and many are quite affordable contrary to what so many believe, you have to look into what amenities they offer and how they are managed.Our market is driven heavily on tourism and hospitality jobs which tend to be lower paying.

Same logic that applies to multi-family re-position deals that raise rents and lower expenses while avoiding substantial physical improvements.Lenders may be a little hesitant about hospitality with Covid but others may be bullish expecting a post-lockdown tourism boom.All just food for thought. :)