There are areas outside the Tahoe basin with a short drive that can provide for solid short term or long term income streams and still pull in the Tahoe goers.

I drive through there to our lakehouse and there are a few of these structures used for homes in the area.

It takes getting off the road everyone else is driving (the MLS) and putting some work into it.

It wasn’t ideal, but it was the only way to keep the deal alive.I made the drive to her small town, met her at a local bank, and had the paperwork notarized.

Ideally, you pick a good property that is self-sustaining.

It is not walking distance to much but a short drive to a lot and generally a touristy area. 

Of course to maximize your tax benefit it needs to be sustainable over time. 

Mixed-use properties that integrate residential units, co-working spaces, and retail areas with sustainable design elements are particularly appealing.

All in all I will be loosing 10's of thousands.This process killed all of my real estate momentum, but has ignited a drive to succeed.

I believe that while it is a buyers market and renters market right now, these conditions will change within 5 years, because: - The long-term fundamentals that drive people to migrate to Florida remain unchanged, and a steady influx is a reasonable expectation. - Supply will abate. 2026 and 2027 will see less than half the deliveries nationwide of of 2024 and 2025, respectively, and I bet that is even more extreme in a market like Tampa.