Also, how do you factor or account for an area/town that experiences lots of seasonal tourism, compared to the town that does not? 

I’ve considered multifamily or duplexes, but from what I’ve heard, they’re unideal right now, so I’m leaning towards STRs.I’ve put together a list of areas that seem STR-friendly with good tourism appeal, and I’d love to get feedback from people who know the San Antonio market well.

Looking great! 

D.C. has, and always will have, a giant vagrant tenancy base as well as assorted tourism. 

Ownership demand here seems to heavily outweigh tourism demand and i'm struggling to get anything to pencil.  

All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

The Banderas Bay area (from PV to Punta Mita) has lots of potential with the economic growth and the tourism industry expanding north towards San Blas with over 30% appreciation in the past 3 years.

Vacation RentalsCities with strong tourism industries, such as Berlin, Munich, and Hamburg, offer opportunities in the short-term rental market.

I wouldn't use Lake Geneva because with its tourism its in a league of its own in that area. 

Colorado is pretty dependent on tourism.