We are a bit nervous jumping state lines, even if it's less than 2 hours away.What has been everyone's experience in purchasing an investment property out of state, near high-tourist areas?

I hate it already, and I'm only in the area once a week.If it we still had the crushing tourist demand of the 1980's, then yes, maybe it would be beneficial.

Make a binder that sits next to the guest log.....1) Welcome page2) About us and contact page3) How-to page - Operating instructions for various appliances, internet password, etc....4) Things to do - restaurants. shops, tourist attractions, museums5) Area - How far to nearby towns or places of interest...6) Rules and Regs - Local ordinances, specific house rules, etc...

In Bansko, you can still buy real estate at Bulgarian costs and charge EU tourists EU prices for short term rentals.

This is a very unique market in that it is very seasonal tourist.

One cool thing about the east coast of Mexico is that you are really tapping into multiple tourist markets. 1.

In Vacation Markets, the local economy is heavily reliant on STRs for the revenue the tourists/guests bring.

HOUSTONPros-City with a lot of tourist traffic -Reasonable Prices in the 3 bedroom 2 bathroom range with a big enough lot for an ADU project -ADU friendly with a variety of contracting companies to partner with-Closer to California-Closer to surrounding cities that also see high volume of touristsCons-High homeowner insurance from Floods and Hurricanes -High Property TaxATLANTAPros-Reasonable Prices in the 3 bedroom 2 bathroom range with big enough lot for an ADU project-ADU friendly but at first glance, Houston looks like they have more companies that perform ADU projects-Higher median Rent-Better weatherCons-Further from California-Also at first glance it doesn't seem as heavily traveled by tourists compared to Houston-Houses seem more outdated compared to Houston

A small community that brings in tourist from other local cities.

I am a licensed plumber, but have knowledge in carpentry, electrical, drywall, painting, and usually do 90 percent of the rehab work on our flips myself.Since this is a heavy tourist area, we are thinking about doing a STR.