Still, the individuals there are high end earners depending on the specific area.Also, there are no tourist attractions.

On the flip side, multiple MTR/STRs in other areas could yield higher cash flow, especially in tourist-heavy or affordable markets, but managing dispersed properties can be challenging, with considerations like vacancy periods and potential property management costs if you opt out of self-management.

We're looking for ways to increase our income and have decided to obtain an LLC.Initially, I planned to use the LLC for a rental arbitrage business in Anaheim, CA, near Disneyland due to its high tourist appeal.

Tourists are willing and able to spend $1500/night or more for the experience.

@Florsabel De La RosaPunta Cana gets two thirds of the country's tourism but most tourists go there for the all-inclusive resorts so you have pros and cons and a lot of the money has already been made there.I prefer the North Coast indeed  and specifically Las Terrenas and the Samana Peninsula.

Florida insurance rates are through the roof so that that into account.You might want to consider the Myrtle Beach area which is very popular for tourists.

You are correct that Orlando is competitive, but it is also the top tourist destination in the US, with a guaranteed flow of guests year-round.

@Samantha N.samana is good to invest I do not know if you will build or buy but if you build like how I am doing then you need to be carful with the steep lands they have on the mountains, before you build or buy make sure the title is clean do not buy the acta de venta unless you know the families that is selling the land, samana is very attractive tourist area does not have the boom like punta cana but is attractive and your investment will go a long way.

Definitely compare hotels as part of your competitive data set (comp set) as lots of tourists will consider both. 

Big picture, it's foolish for a state that's so dependent on tourism to place onerous restrictions on the ability to house tourists, but many locals make the case that they are getting priced out of the housing market.