Recent zoning changes now allow for three dwellings on a single parcel, and parking requirements have been lifted in denser areas, both of which have boosted the local housing supply.

I see it as most people are so wore out from being at the parks all they that they pass out and get up early to do it again.I don't even turn on the TV when I'm there.Kids have tablets to watch their stuff and play games on.

Potentially free parking for your guests.Condos can work too, but there are more variables out of your control.

Still park it & be ready bid side until the opportunity comes.

I was in Bay Park / Clairemont a few days ago to look at a trust sale fixer.

The Great Smoky Mountains is the #1 destination of all national parks in the country.It's (probably) the #1 spot investors have focused on for investing. 

@Scott Schnabel actually, the cities of Hazel Park and Warren require a DL from someone at the PMC and write the tickets in their personal name.

Often these go on lot area that's been converted from parking, but it sorta depends on the property configuration. 

I am talking in general, especially for investors successful enough to park a few hundred k not leveraged at those returns.  

Multifamily doesn't need any more pressure/demand since cap rates can really get low when too many people pile in, but I have to say that commercial real estate (including large MF) and other types of passive investing (mobile home parks, storage, etc.) can really make like much easier.