This area is strong in tourism/fishing all summer, and Hunters renting STRs all fall, many bring horses or mules, the property could support boarding horses for these instances.If this plan sounds funny, I understand that it is, I work and live on a ranch with my family an hour south of this town, but one day wish to retire and live there, other than that we have not considered this area much for investment potential, just looking to buy something for ourselves one day, but that would pay for itself until then, Tipis would be a very low overhead way to peel some return off the property quickly.thank you in advanceKale

Destin is a great spot for house hacking—tourism is strong, so renting out part of your property could help with the mortgage.

So condo's can be a good deal if they are in an area that has a lot of vacation rentals and the municipality is all about tourism and space for visitors to stay.The biggest issue is the HOA.

Oregon coast crashed hard in the GFC   the Covid has it coming back FINALLY  but bottom line is very little industry and jobs.. since logging and fishing has curtailed .. so its retirement and tourism. 

My partner grew up in Honolulu, HI so she knew the area and how tourism drives the city there.

Ashland, ORMedian Home Price: $600,000Average Daily Rate: $210Occupancy Rate: 72%These markets are thriving with strong tourism, a variety of attractions, and a growing demand for STRs.

The operational side is completely different, it's almost unfair to say STR is REI as it's more tourism & hospitality.

Do you use any fancy tool that you plug in your numbers to calculate your net per year ? Or Just use excel ?I use excel , but many times I forget to add any expenses and then it messes up the calculations.How do exper...

The property is worth exactly what it is with zero STR rental income.

@Federico BuenoWith 6 bedrooms, your house hack has huge income potential, and you have multiple ways to maximize cash flow.