Find an asset, underwrite it to a high scrutiny and talk to local professionals to see how the climate has been for tourism and STR's.

However, considering Canna-Tourism is a $17Billion industry, I find it hard to believe you couldn't be successful if you put some intent behind it.  

Currently, inventory is around 2.1 months and falling.What about single-family home distressed properties:Bank owned: 16, which is about 0.0029% of all single-family homesShort sale: 7, which is about 0.0013%Foreclosure stated: 7, which is about 0.0013%So, ignore the “experts” with click-bait titles and look at the actual data for the city you are considering.All the above said, short-term rentals are dependent upon tourism.

I have no connection with the Branson BBB or Tourism.

That the jobs are not tourism dependent and "essential" and the rent to purchase ratio is closer to the 1% rule than you will find in Tampa or Orlando.

Think travel/tourism companies that have been hit hard (cruises, airlines, hotels, Disney, etc.).

However, tourism is picking up and evidently many people are using it as a bedroom community for working in Nanaimo.

When they return in August happens to coincide with a slowdown in tourism, so it would probably make the most sense to just work it out where they have the entire house during the school year; but I suppose if they had an interest in just renting the upstairs unit all year, I could consider trying to continue to airbnb the house all year.

There is not much tourism but mainly passing through.

I graduated with a Bachelor of Science in Business Administration with an emphasis in Hospitality & Tourism.