John's, and my partner and I are considering some ideas there, especially with regard to the hefty tourism sector in the 'summer' season!   

 And in my humble opinion, no signs of slowing down for a while unless there was a major turn down on tourism.

For foreign investors, I tell them to set a price range and start looking into cities that:-Experiencing steady growth-Have well diversified economic basis' (tourism, energy, tech, etc.)That's pretty much it.

The market has seen record growth for the last two years running (and already has a very established tourism industry, with around 70 million visitors last year).

The whole west side (Isabela, Aguadilla, Rincon) of the Island is being discovered by tourism.

As far as tourism, you've got DPAC and the Durham Bulls and nearby Duke.  9th Street has been booming too.I think if you are able to find a place that is convenient to downtown you'd have a slam dunk.  

I'd be more than happy to expand on this if you'd like.The primary growth factors for Galveston are tourism and UTMB.

Are there cyclical industries that can rise and fall (oil, tourism, transportation, etc.)What resources does the area have that are always in demand?  

(year round average for 2017 was 86%, and our little one bedroom condo grossed more than 41k) Tourism is the main business in town so there are plenty of property management options.

Jude, the accompanying revitalization of the Pinch District, the renovation of the Memphis Cook Convention Center, the Fourth Bluff revitalization projectand the redevelopment of Mud Island.Rick Shadyac, CEO of ALSAC, and Sarah Hall, ALSAC chief legal officer, attended the council session as a step toward applying for an expansion of the existing tax increment financing (TIF) district east to I-40 and bounded by Jackson Avenue and Poplar Avenue to include parts of the Medical District, and an amendment to add Mud Island and the riverfront to the Tourism Development Zone (TDZ), all to help fund the Bicentennial Gateway Project.For details, check out the city's Bicentennial Gateway Project presentation.City Council's potential next step would be to authorize Memphis Mayor Jim Strickland to submit an amended TDZ application to the state.The application for TIF expansion will be considered by the Shelby County Community Redevelopment Agency board.Memphis celebrates its bicentennial in 2019.