One of the men stops, drops his backpack and opens it, and takes out a pair of lightweight running shoes.

Backpacking off of point 2, many properties are QUITE expensive for what you're getting.

I kept one when I backpacked through Central America a few years ago, but it was more of just hobby at the time: I'm interested if TCS Ventures Group could help connect me with a local mentor?!

I spent a summer backpacking in Alaska and it was incredible.

The second option is that I will save up around €20,000, sell my car, which is worth around €5,000 and quit my job and go backpacking for a year in Middle and South America, New Zealand, Australia, and Asia.

Even wearing a backpack gives you cancer over there. 

@Max Gradowitz - I love Kern County for backpacking, I'll definitely start exploring the cash possibilities up there.

Including land, my architect says it can be done for $100-$120k cash.My concern, however, is the market.The whole of pai is largely a market of low-budget backpackers paying $6-10 per night to stay in ****** hostels.

If it's within driving distance of a large metro then you won't see too much of a hit.If it's an activity like skiing that also requires a $600/yr ski pass + gear rental you'll probably see a bigger downturn than if it's an area people go backpacking/camping for nearly no $$.

I have previously rented out rooms in a home I was house-hacking off Alvernon, and my tenants were generally backpackers in for a couple nights and resident doctors on rotation at one of the hospitals.