In the last 20 yrs here, these homes have been bought and fixed in popular areas around city tourism development, and people from states with high cost of living came and lived at a discount. 

Most annual renters here are restaurant workers or people tied to tourism or retirees.In the 3 years that we have known this gentleman he has only had one renter that lasted for 4 month before she told him that she could not afford the rent.Gentleman does not need the money, but finally figured he still could make some money off of his property.So he approached me and asked if we would manage vacation rentals in his unit for him.I told him I was not interested in managing for him but if he was interested in renting to me and let me sub lease to do Vacation Rentals my self we might have a deal.He said he would rent 5 units out of 7 since he wants one for himself an 1 unit for family members when they visit.So I said give me a price for all 5 units to lease.He came back at $2200 a month if I rented all 5 units.I told him that would work.I then asked, how about if I give you one year rent upfront on 5 units, We finally agreed on $100,000 up front for annual lease of 5 units.That works out to $1667 a month per unit , what's that work out to?

PM inbound

Renting whole house short-term, it depends on local jurisdiction's Rental/Tourism laws. 

hi,  I wad looking in into deals in "bound brook NJ,".

Start acquiring vacation rentals in high tourism areas.

That is about the extent of the cash handling available in such accounts, so many investors will choose to have a true bank account as well if they want a debit card, the ability for inbound ACH transactions on payments/rents, etc. 

Fairly market proof as the university always feeds this rental market regardless of the tourism market trends.

Due to the primary tourism market, we have a large number of people who work in the service industry to accommodate the over 7 MILLION tourists we get to our small island every year.

Adventure tourism is a tough business.