Pumpkin patch and apple orchards (+ some ag tourism related activities) would be the other initial business pursuits.

That is a step that I do not take with my STRs, but they are located in high tourism areas in the mountains.

This area is strong in tourism/fishing all summer, and Hunters renting STRs all fall, many bring horses or mules, the property could support boarding horses for these instances.If this plan sounds funny, I understand that it is, I work and live on a ranch with my family an hour south of this town, but one day wish to retire and live there, other than that we have not considered this area much for investment potential, just looking to buy something for ourselves one day, but that would pay for itself until then, Tipis would be a very low overhead way to peel some return off the property quickly.thank you in advanceKale

Destin is a great spot for house hacking—tourism is strong, so renting out part of your property could help with the mortgage.

So condo's can be a good deal if they are in an area that has a lot of vacation rentals and the municipality is all about tourism and space for visitors to stay.The biggest issue is the HOA.

With growing tourism and lower competition, it’s a great way to maximize cash flow.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?

My partner grew up in Honolulu, HI so she knew the area and how tourism drives the city there.

I own rentals there, and over the past five years, the growth has been strong—both in terms of property appreciation and overall economic development.A few things to consider:Vegas is expanding beyond tourism.

Ashland, ORMedian Home Price: $600,000Average Daily Rate: $210Occupancy Rate: 72%These markets are thriving with strong tourism, a variety of attractions, and a growing demand for STRs.

Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.