Our market has a lot of tourism and with employers moving to the area (Hyundai plant and it's suppliers), we could also do mid-term rentals for people relocating or receive appreciation if we need to sell in a couple of years.   

Loaded inbound containers declined by 25% in the past three months (from February to May 2023) compared to the same period in 2022.

However, tourism remains below pre-pandemic levels due to a slower recovery from international and business travel.The challenges in attracting tenants have caused rent growth to flatten.

What about tourism going down the tubes for the next 3 years?

It would crush the tourism market if they outlawed it completely IMO.

Pros of Cleveland: affordable property and high demand i.e. way more traffic than you'd expect (tourism is one of Cleveland's largest industries).

The Florida Panhandle is more open as the economy is driven by tourism. 

Inbound Migration is coming from Fayetteville NC, DC, NYC respectively with 75% of online home buyers looking for their next home in Raleigh.

If you don't have much, rely on promptness and professionalism in communication.Step 5: Maintain regular contact with agents, keep them updated on your criteria, and build a strong working relationship to gain access to their pocket listings when they become available.The Mindset ShiftThe key takeaway here is by building trust and credibility in these relationships with lenders, owners and agents overtime builds you an inbound deal acquisition machine. 

My take is that the Raleigh market is far more business-dependent than tourism-dependent, which makes rentals less susceptible to the market changes that can hit vacation areas harder.