Tourism Recovery and Short-Term Rental RegulationTourism Demand: If tourism in your area is recovering, there might be a shift in short-term rental demand, which can create competition for mid-term rentals.

This will give you a feel for the numbers in realtime.Second, I'd advise looking hard at the travel nurse/corporate travel market, as opposed to general tourism market.After arbitraging for 6 months to a year you'll have a very good idea of where to find your 20% CoC opportunity.

Be prepared.Even if your personal home is only mildly impacted, but your community who relies on tourism has a BIG impact, understand that this will take months or years to recover from and some communities will not recover.

Tons of year round tourism?   

Short-term rentals are ideal in tourism-driven states, while medium-term rentals near military bases provide stability.

While it's a great spot with a ton of tourism unfortunately, it seems the hotels view STR's as competition and have helped to encourage the strict regulations.

The Riviera Maya and Cancun area for example has has an 8 to 10% capital gain per year in the last 10 years, the politics are stable  and the country's international tourism is booming.

Not to mention the accommodations for out of state travelers and the restaurant scene which is a huge deal in Wine tasting tourism the WV has a fraction of those facilities compared to Napa Sonoma etc etc. ..

Lots of people in the area will be impacted without tourism economic activity: restaurants, tours, cleaners, property management, etc.I am all about doing what's right with the STR but need to keep the LTRs making enough money to pay the bills.

It's a good area to own and rent in because there is a lot of tourism, but a condo with HOA in a place like Scottsdale is not going to be super easy to do STR or MTR with the regs.