Unless you have an STR-friendly HOA in a tourist hotspot (Honolulu, Las Vegas, etc...), I personally don't like properties with HOAs if your plan is to run them as STRs.  

This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.

Indeed, I'm not sure why you'd want to own a short-term rental home in Cancun to start with.People who land in Cancun (mostly tourists) generally either stay in a hotel / all-inclusive resort there or in the neighbouring Riviera Maya or they stay in a short-term rental in the Riviera Maya.

These areas attract not only residents but also tourists and second-home buyers, maintaining high real estate activity year-round.While there is a slight dip in demand during winter, Southern California’s diverse economy, international appeal, and housing shortage make it one of the more stable markets for real estate investment.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

In fact, the views are a LOT better and there are hardly any tourists -- just walk along the Jersey City or Hoboken waterfront or take the bus to the cliffs of Weehawken.Feel free to check out my post about my journey from Brooklyn to Bayonne...My Long Journey to House-Hacking (biggerpockets.com)

Stay away from HOA'S and condos(my personal rule)Pick tourist destinations.

CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.

@Tom Dean not every STR needs to be somewhere tourist centric, people have all kinds of reasons for wanting to rent a STR in an average joe kind of town.

In the latter two areas you can even do some STR, not with tourists but visiting nurses, etc.