If you want a successful short term rental, it has to be in an area with consistent tourism which the Myrtle Beach area is good for, but I don’t think too many people are going to want to stay a 25 minute drive from the beach.

Several reasons for this.There is an abundance of inventory available for prices far below what you can build a new property for.Tiny houses are going to dramatically reduce your pool of interested buyers and tenants.Short term rentals work best in vacation destinations with a lot of tourism.

In my area, if I bought, I would be trying to break even with long term rental and hoping for appreciation (which I know will happen) or with AirBNB I would be able to profit and generate a little bit of cash flow for the area I could invest that has a lot of people flocking for tourism or to get away from the city.

Now Florida a state with a local economy that has likely been ravaged by the pandemic given its devastating impact on tourism and travel is witnessing a massive boom in home prices and turns out home sales are up double digits while net population is declining.

Obviously peak season tourism is not what it was.

https://www.bizjournals.com/lo...Great for all the airbnb investors on here!

I track the following stats everyday:- outbound calls-inbound calls -outgoing text-incoming text- average call durationsEvery morning we are going over the numbers .

@Mike Trzaska inbound marketing is king under any circumstances...that said, I do believe direct mail has a place... and your approach to writing handwritten cards will yield the best results.

Large amount of tourism and a growing area. 

That means that town and surrounding business didn't get the full bump from the tourism.