It does get a bit more complicated when you're talking about purchasing a property specifically for this purpose due to regulations (I have to answer to a state, a county, a town, and a village, who at any point can change their laws), the ebb and flow of tourism in a region, and your positioning within the region.  

It seems like returns might be better in Hawaii when looking at the constant tourism and high occupancy, but its hard to tell if the margins are tighter there or in Colorado Springs. 

Not just real estate but tourism sites too.

I’m sure tourism will be back but this experience has just further cemented some things that we already were thinking about.

It is a shame that the city is looking to stifle vacation rentals - tourism is an essential part of the economics and culture of South Lake Tahoe...

From my limited experience in pcb has a pretty high tourism rate!

I really like the idea of renting out up there because it is completely driven by tourism and is extremely popular in the summer months.

RN13-284-04068 RE: 1TB06633 1 000-1035-56 SUPERIOR COURT OF NEW JERSEY JUDGMENT NUMBER: J-054676-2012 CASE NUMBER: L 000798 10 DATE ENTERED: 03/08/12 DATE SIGNED: 01/31/12 TYPE OF ACTION: BOOK ACC VENUE: CAPE MAY DEBT: $ 50,000.00 CREDITOR(S): H THOMAS HUNT ATTORNEY: MONZO CATANESE PC 211 S MAIN ST STE 104 CAPE MAY COURT HOUSE NJ 08210 609-463-4601 DEBTOR(S): (No Address) (No Address) ATTORNEY: PETER M TOURISM JS&A PLUS COSTS --------------- ADDED TO OUR INDEX. *** End of Abstract *** SUPERIOR COURT OF NEW JERSEY JUDGMENT NUMBER: DJ-056645-2013 CASE NUMBER: 15205 DATE DOCKETED: 03/20/13 DATE OF JUDGMENT IN S.C.P.: 06/28/12 TYPE OF ACTION: FOREIGN JUDGMENT VENUE: CAPE MAY DEBT: $ 8,866.29 DCKG: $ 35.00 CREDITOR(S): COUNCIL OF UNIT OWNERS OF BEACON CONDOMINIUM INC C/O LAW OFFICE OF JOHN M OLIVERI SUITE 200 635 N BESTGATE RD, ANNAPOLIS, MD 21401 ATTORNEY: MARC SCHRAM 1390 STATE ROUTE 36 SUITE 101 HAZLET NJ 07730 DEBTOR(S): 103 WHILDIN AV, CAPE MAY BEACH, NJ 08212 --------------- JUDGMENT ENTERED IN THE COUNTY OF BALTIMORE, STATE OF MARYLAND *** End of Abstract *** RN13-284-04068 RE: 1TB06633 2 000-1035-56 SUPERIOR COURT OF NEW JERSEY JUDGMENT NUMBER: DJ-056655-2013 CASE NUMBER: 21932 DATE DOCKETED: 03/20/13 DATE OF JUDGMENT IN S.C.P.: 06/28/12 TYPE OF ACTION: FOREIGN JUDGMENT VENUE: CAPE MAY DEBT: $ 6,875.14 DCKG: $ 35.00 CREDITOR(S): COUNCIL OF UNIT OWNERS OF BEACON CONDOMINIUN INC C/O LAW OFFICE OF JOHN M OLIVERI SUITE 200 635 N BESTGATE RD, ANNAPOLIS, MD 21401 ATTORNEY: MARC SCHRAM PC 1390 STATE ROUTE 36 SUITE 101 HAZLET NJ 07730 DEBTOR(S): --------------- JUDGMENT ENTERED IN THE COUNTY OF BALTIMORE, STATE OF MARYLAND *** End of Abstract *** SUPERIOR COURT OF NEW JERSEY JUDGMENT NUMBER: J-274815-2010 CASE NUMBER: L 000759 09 DATE ENTERED: 10/26/10 DATE SIGNED: 06/25/10 TYPE OF ACTION: CONTRACT VENUE: CAPE MAY DEBT: $ 77,918.89 CREDITOR(S): WELLS FARGO NA ATTORNEY: MANERI & MAROULES DEBTOR(S): (No Address) (No Address) PLUS COSTS --------------- ADDED TO OUR INDEX. *** End of Abstract ***

That said, I ended up passing on that type of location for my first STR and instead bought in Greenville SC where there is a good mix of appreciation and STR cashflow that is not wholly dependent on tourism.

Perhaps I am one of the Crazies LOL but I see the state of Fla ,Certain parts of Tex and Arizona as being " Gods Waiting Room " To me a majority of the Fla State economy is based on Retirement , Hospitalty , Tourism and Service industrys .