Tahquitz Canyon WayPalm Springs, California 92262Wear pink to show your support for our jobs, real estate values and tourism-dependent resort economy.

Hey all, for those of you who have/had vacation rentals that started off great but the location is now not as desirable for tourism, etc.

Need to verify specifics but was just told about this pocket listing & here's what I know so far:For Sale 200 acre development for only $250K; has 130 lots (~20 lots are already developed with houses); lot size is from 0.75-1.5 acres; in Phase I of development (roads for about 40 homes are graded & graveled with electrical buried), rest of land has not been touched; owner is currently selling individual  lots from $15K - $25K (generally more expensive lots have a well & septic, cheaper lots don't); manufactured or stick-built homes allowed; restrictive covenants attached (waiting for document).Location is in a rural area in the SW; local economy is based on transportation, agriculture, energy, retirement & tourism; 3 miles from a major interstate highway; on a major shortcut between 2 interstate highways; 10 mile radius population is ~ 20K; closest city with over 100K is only 1 hour away; cost of living & living expenses are definitely on the low end, great for retirees and the cheaper than average labor.Quick overview & simple math tells me that only selling 90% of the lots at the low end of $15K is just about $1.5 million.

I know Asheville definitely relies on tourism and the service industry. 

These businesses create new jobs, attract spending in our regional economy, increase property values...https://econsultsolutions.com/cheers-to-beers-brea...Travel & Tourism ImpactTourismPart of the economic benefit that craft breweries bring is craft-beer tourism.

For example, we have a SS unit facility for sale - a family "Mom and Pop" SS facility in TN, near TN/NC/GA border, in an unrestricted area outside city limits but near tons of tourism/retirement communities.

I currently airbnb the other side but may transition to month to month furnished leasing due to the lack of tourism lately. 

I don't know if tourism is going to come back anytime soon, and I'd rather make some money than having it sit empty like it's currently doing.

I have always liked the idea of AirBNB a room but just didnt think Huntsville attracted that kind of tourism.

You'd buy an old house that needs renovation, you'd renovate it and/or resell to a foreigner or rent short term if the city has enough tourism.