The West side of town doesn't see much crime and the growth  here is easy to see, especially since the city has begun adding new lanes to roads near the interstate in response to all of the new restaurants and the increased "tourism" from nearby cities. 

Embrace that you will have ups and downs and success is never guaranteed, but you can hedge your bets by doing thorough market research on sales data, appraisals, costs of repairs, materials, etc.

This way, you can make mistakes and learn from them without the pressure of a massive investment.Starting small also means you won't be overwhelmed with responsibilities.You can focus on understanding the local market, managing a single property, and getting a feel for the real estate process.As you gain confidence and expertise, you can gradually expand your portfolio and take on more significant projects.Remember, every successful real estate investor started somewhere, and many of them began with a small step.So, embrace the opportunity to learn and grow while keeping your initial investments manageable.Over time, you'll build the skills and knowledge needed to tackle more extensive real estate ventures confidently.Embarking on a property journey can be both exciting and rewarding.

Subject to passed inspection by a third-party home inspector.Seaside STR websiteIn summary, Monterey County has taken an excessively strong stance (IMO) on short term rentals, which has significantly limited homeowners’ ability to profit from the tourism industry.

Foreign investments and tourism pick up when ever the dollar gets weak, for example, during a Crisis.And YET another is that NYC has a large amount of Reputable Universities including New York University and Columbia University.

Our tourism board has done an amazing job bringing in travelers and guests all throughout the year.

Even in the winter (high season), there is no mass tourism there.

Maybe Austin embraces STRs?

The town has good growth with lots of tourism/professional traffic.

Unlike the OR coast, much of the WA coast is not accessible or is undeveloped when you head north of Ocean Shores.Now, the Longbeach peninsula has a few and STRs are allowed there as tourism is the main driver.