I live in a great location for outdoor recreation where every year vacationers come to enjoy the hiking, biking, skiing, snowmobiling and other opportunities the area has to offer. 

Hard money is very expensive and should be a last resort, particularly if you plan to hold the property for a long time.

Research more than just warm areas - Central Oregon for example has a tremendous amount of tourism, is beautiful but we have cold winters that bring in a lot of business for the winter months of vacation rentals because of our skiing. 3.

Some background on the area: Breckenridge was the most visited ski resort in the US this year, and constantly growing in popularity.

I've review LoopNet & Crexi but have heard from folks that those are typically the last resort for potential buyers, right? 

My husband does a lot of work their also.I hope your investment works out well for you.I am seeing a decline in rental rates for non-resort properties.

This rental only started in May 2019 in a brand new resort and rentals were slow to begin with.

I know my family's loved having options like that on ski trips.  

Does anyone have experience with investing in ski towns in and around Montana?

I plan to purchase land adjacent to higher end resort towns, design and build smaller, very modernly styled and mountain contextually sensitive homes.