I really think this could be our key to success as the destination areas we are looking at would be break even with a 25%+ prop management fee, but could be profitable if we managed ourselves. 

We're seeing it in urban markets more so than destination markets, such as Atlantic City, but any place in which the hotel industry is a large part of the local economy, is at risk of potential future regulations. 

If you pull up Destin at the start of June you see June/July calendars, which are going to look awesome, but you have no idea what it's like in the fall or winter. 

I have my doubts that the same investor is going to be stoked about both Dallas and Destin. 

We have a really close family friend that is a contractor in a great rental market (Low cost of living, multiple universities, low unemployment, retirement destination, and military base close by), and another friend who is an electrician in the same market.

I've been looking at Destin, Panama City, Clearwater, Palm Beach, Myrtle Beach, St Augustine, Daytona.

I always recommend to refer to a simple guide about turnkey to drill down the secondary and tertiary factors you may want to weigh, ahead of defining the final destination.

If you don't ask, you don't get.David J Dachtera"Success is not a destination.

We can't recommend a vehicle until we know the destination. 

@Brigitte Via if it were $100k, form my experience and current market conditions:- $50k in diversified ETFs- $50k toward buying a STR in a vacation friendly holiday destination townAll the best!