Other significant players include IHG (10.5%), G6 (4.9%), and Choice (4.8%).Total room inventory has been relatively stable, with slight fluctuations:- January 2024: 103,379 rooms- February 2024: 107,068 rooms- March 2024: 103,353 roomsEmployment trends show gradual improvement:- 2024 projected employment growth: 0.9%- 2025 projected employment growth: 0.5%While population growth is expected to remain flat, household income is forecast to grow by 4.4% in 2024 and 3.5% in 2025, potentially supporting increased travel and hotel demand.Market OutlookThe Los Angeles hospitality market is poised for continued growth and stability:1.

My friends now are on different wavelengths when we travel due to my financial trajectory being much different.

I am not confident how much it would cost and wonder if it is wise to pass this property to fix if I am not familiar with this issue.

Ultimately it's a matter of preference and deal dependent, and inspections are not necessary if you're confident in the price you are getting

HelloWe travelled to tarpon springs with my wife in March and really loved the area and the parks/beaches there.We are thinking about buying a vacation house/ investment property there.

This will get you experience in remodels and much lower down side than a normal flip because you are literally living in the house (so you know exactly what is going on and 0 travel time) and you are utilizing a low down payment, low rate program like a VA loan.

I would like to rent it out to traveling nurses or corporate rentals since there is a very large Navy Base there and also 2 hospitals.

I own 2 rental properties but travel for work.  

I was looking at doing a combination of LTR and MTR/STR (to travel nurses/business people) to have a little better cash flow. 

You could ask for additional upfront deposits (double deposit, last months rent) if you're confident, but I wouldn't unless they were $100 or $200 off the 3 times rule.