I have a couple doing quite well in residential areas. like you say, many are people visiting that don't want to stay with In-laws, or, tourist that don't want to trip over crack-piper's downtown. 

The STR averages i this highly visited tourist area is an Average nightly stay of $300 and an average occupancy rate of 79%. 

It's a quieter option than some of the other beaches in the area, making it perfect for families or anyone looking for a more peaceful getaway.Grayton Beach: This beach is a popular spot for both locals and tourists, with its stunning scenery and laid-back vibe.

Also, where you intend to invest can depend heavily on what exactly you REI goals are.As far as STR, areas that are popular with tourists/vacationers are always a good move.

Hocking Hills is the #1 tourist destination in Ohio. 

I have an acreage in a quite a desirable tourism area - minutes to a large lake, amenities and tourist attractions all around and the property has amazing lake views.The thought here was to setup a glampground essentially - as the zoning allows for 10 fully serviced sites and provide renovated units in a private, comfortable setting.For example, a modern updated travel trailer, hot tub, fire pit, great cooking amenities in individual private areas .

VRBO or furnished executive rental to tourists and military personal would be $45-$59 per night depending on season.

You would need to buy a property with an existing tourist licence to do this, or have a go outside the city centre/ other parts of Spain.In terms of leveraging with equity from abroad, I doubt it is possible.

It's going to continue blowing up and tourist traffic is exponentially growing every year.

I want to do the whole transaction and build in cash.I am looking at doing this in a small mountain town in Colorado that has a lot of natural wonders and a growing tourist market.