Lots of people in the area will be impacted without tourism economic activity: restaurants, tours, cleaners, property management, etc.I am all about doing what's right with the STR but need to keep the LTRs making enough money to pay the bills.

It's a good area to own and rent in because there is a lot of tourism, but a condo with HOA in a place like Scottsdale is not going to be super easy to do STR or MTR with the regs.

Our market is Carolina Beach in NC, so we have high tourism

These are all mins away the bigger more popular beaches, but are more "resident friendly" they have fewer bars and restaurants clustered together making them less ideal for tourism without sacrificing the "run downstairs to eat" lifestyle.

Tons of year round tourism?   

If your town has tourism appeal, converting to STR could potentially increase your returns.There's also reasons to consider selling:Market conditions: Michigan's real estate market has seen significant appreciation in recent years.

@Renzo Figueroa Please make noteThe peak season for tourism and Airbnb stays in Jacksonville, Florida is typically in the summer months, from June to August, when visitors flock to the city's beaches.

Yes it really is amazing the amount of tourism dollars being spent right now!

Once we figure that our capital will be protected, then, like researching any market, you look for positive growth drivers, e.g.... jobs, tourism, retirement haven, lack of inventory in a desirable location etc...That will at least get you started on your educational journey in the international space. 

There are, however, natural limitations given that NYC has a thriving finance and tourism industry and in DC it doesn't seem like the government is going to move any time soon.