This area is not a beautiful, tourist area; although there are touristy sites a few hours from here. 

These are major tourist draws.

@Dan Klao An important thing to keep in mind is that people use STR's for a lot of reasons, not just vacations so you don't neccessarily have to be around tourist attractions which is a common misconception.

Hello all,I'm looking to purchase a house in a very touristic location in Mexico and wonder if there are any lenders that finance properties there.

You have an intimate knowledge of the area.Excellent returns can be made in STRs outside of traditional tourist destination places. 

@CalvinThomas & @KennyDahill - It's a safe area, it's actually a tourist town in Arkansas.

The plot is around 26000 sf, beachfront, great tourist locationThe build quality is high, and it survived the tsunami of 2004 intactThe place is fully staffed with a manager who's been there for 19 years, with no intention of leavingThe place is one of the few in the area thats holds groups (the whole complex is rented out to groups of 12-23)It is currently earning 100k eur per annum with only 50% occupancy (the owner is old and does minimum to market - old website, airbnb, booking.com, homeaway, tripadvisor)The average occupancy of the area is 74% so there is a lot of room for revenue growthThe rates haven't been raised for 3 years and it is due for a 5% rental increaseThe reviews are stellar on all sites, with many repeat clientsThe venue is ideal for weddings, reunions, parties, bdays, etc, and the staff handle everything, including an onsite chefWhen you stay there it's like having your own resort on the beach to yourselfOwner will act as consultant for up to 1 year for freeSo, he wants to sell to my husband and I, as his manager and he really like us and know we would keep the staff and concept the same.

Yield is 8.87% increasing as occupancy rates go up with the tourist numbers.

And these low income service workers don't get to live in the cool desirable markets that attract tourists, they get to live outside of town, just like they always have.

Now that I have visited Columbus, my scientific conclusion is that Columbus is all kinds of awesome.I was only there a couple of days, but it was a fairly easy town to get to know.On the tourist side, I did a walking tour of downtown which eventually took me to the Short North, which was a real blast.