They unloaded their Risk position to the unsuspecting Public, who Buys this crap, again Worldwide, thinking that the Monthly Income is Safe until the next Trigger that causes, the Worldwide downturn in all the Economies.

I have a unique productthat I sell, that could go world wide, but just short of getting overthe hump.

Many of us accountants have clients worldwide.

Just a bit of background:Location: Houston TXArea: GalleriaRent: $1,673/mo 2 Bed/2 Bath.I am working to set myself up for corporate housing so I may do these under the current lease.I've seen this work in a quite a tourist spots in the country like Seattle, SoCal, Boston, Portland, etc.Question: Is anyone in Houston doing and seeing great profits, and is it possible to scale and have multiple properties in Houston.

Vermont is a high destination wedding location, with leaf peepers, foodies, and beer tourists, seeking out vermonts unique offerings.

But if you buying in place's that have no real redeeming tourist value then its purely a business trip.That's one point of view.

Units That Are Exempt From the Rent Adjustment Law Section 8 units and other units that have rents that are controlled, regulated, or subsidized by a governmental unit, agency, or authority.Accommodations in motels, hotels, inns, tourist houses, rooming houses, and boarding houses, provided that such accommodations are not occupied by the same tenant for thirty (30) or more consecutive days.Housing accommodations in any hospital, convent, monastery, extended care facility, convalescent home, nonprofit home for the aged, or dormitory owned and operated by an educational institution.Dwelling units in a nonprofit cooperative, owned, occupied, and controlled by a majority of the residents.Dwelling units which were newly constructed and received a certificate of occupancy on or after January 1, 1983.Buildings that were substantially rehabilitated after January 1, 1983.

The israeli government is giveing 25% grant for any real estate tourism project. included - hotels, motels, and tourist centers.

At the same time seems like the tourist industry is doing very well.  

I grew up in Niceville, 5 minutes from Destin, and remember well the havoc that a hurricanes caused the tourist economy once every 5 to 10 years (not to mention the occasional oil spill... actually, a lot of people got pretty big payouts from BP by essentially submitting a crayon drawing on a paper plate-- a lady I know was paid about 25K for "lost business wages."