You may have more local vacationers than people who have to travel a longer distance.

Purchase price: $150,000 Cash invested: $20,000 This is a short-term rental property that will be rented to vacationers in Florida.

Of course that will cost you up front & still might not work.So here’s your biggest issue: your primary market are vacationers from nyc.

More specifically, STRs are getting a lot of their revenue from vacationeers, specially family.

Investing for vacation houses is called "lifestyle investing" and is distinctly different because the premise of it is that it's more about the vacation-ability and desirability of the house over the cash flow.For buying your own house versus renting, check this article out- https://www.biggerpockets.com/renewsblog/2014/01/1...

Another reason to not rent to vacationers.

I.e. the more new homes put up, the less attractive an older home becomes in the area for vacationers.

The Deschutes River is nearby, and vacationers go floating, paddleboarding, kayaking, etc.

Screening potential vacationers is key and we have identified certain indicators over the years that mean trouble!

Not vacationers.