I built a very successful business of vacation/tourist rentals in Spain, and sold that business at the end of last year.

You might consider Niche or Specialized Housing like student housing, vacation/tourist rentals.

You might consider Niche or Specialized Housing like student housing, medical housing or tourists.

Is it possible to find deals in a tourist based local economy?

Is it possible to find deals in a tourist based economy?

That part of the Hill Country pulls people from San Antonio for weekend getaways and vacation tourists can make their way out there for a wine tour or two.

You will probably need a hard money lender or a private money lender on the front end.If you are doing VRBO you need to be in a desirable or tourist location/area.

My main question is whether a beachfront condo is more likely to rent when vacationers can walk to restaurants and other attractions but where it is very busy, traffic, and tourists - or rent a condo in a quiet, neighboring beachfront that is more residential but you need to drive 3 - 4 miles for entertainment and attractions.  

It's the tourist.

It's the tourist.