You can still find some great cottage style homes or even 2-4 units close to the beach that have great STR returns.One good thing about being out of state in IL is you can find a good Single family home, Condo, or Townhome and call it a Vacation home and only need 10% down. 

Thanks.I hope you enjoyed the class.

I enjoy them.When I buy my 1.1k ish sqft for $200/ft and less than $275/mo HOA winter condo, I'll bring my own car and skates👍

Hey @Michael Baum what about buying a couple snowmobiles, making an ice rink, buy some snow shoes , fireplace …voilà the ultimate winter vacation spot for your “Offseason “(snowmobile  is expensive I know ) 

I assume that  if you knock on the door they are not going to be receptive to your request to vacate.

Some partners will be more passive and then grow to enjoy it.

I took a look at the listings on their website.Most of their inventory is 30+ min from the 'downtown' area.Seems like they charge $400 - $600 a bed in Dallas and Houston + a move-in fee to the guest.It would be interesting to know what their management fees are.You should be able to make money based on those numbers if they have a nice occupancy rate.I personally wouldn't rent from there because I prefer my own space but there are definitely people out there that like to save a couple hundred on rent or even enjoy having roommates(Company) around.Best of luck!

What if you and your two partners realize you don't enjoy it? 

I enjoy real estate the drive and the rush for me is closing deals finding them and helping others accomplish the same.

Do what is most important to your business and what you do best and what you enjoy doing.