Tourism  is big in our area so vacation rentals for example are big part of the RE industry.

I was looking into Wilmington NC a while back but got the impression that tourism is an important part of the local economy.

Home values tend to be high in the area due to the tourism, rental income etc. but typically the high seasonal rents can cover the full annual mortgage.

Converted a 2/1 unit into a short-term rental due to a high-tourism area, owner-occupying one, and building out the top floor into a fourth unit.With owner-occupancy, the cash flow is still positive over expenses, but we're still considering various exit strategies down the line.

If your town has no tourism, see if you can do your STR for working people.

Still working on getting both properties to cash flow during the winter (off-season for our tourism community) and seriously considering dipping our toe into the local residential rental market.

They get just as much tourism and the purchase prices are cheaper.You should connect with @Matt 'Roar' Gardner

Well, direct mail has long been a dying form of marketing and now its inbound marketing that finds us deals.

@Greg Dickerson - Great answer for inbound leads.

, and worst case see if there is a like on the inbound line somewhere.The city department of water management is surprisingly responsive.