Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals. 

This is pushing many to look at areas that still offer strong cash flow backed by solid economic factors.I’m originally from Florida, but experienced the same issue after factoring in all the expenses.

A QOZ is an economically-distressed community where if certain conditions are met, it may result in deferment of capital gains tax for investors.

Look for markets with good population/economic growth.

Installment sales are not new, but DSTs pushed the boundary of what is the economic substance of the transaction and whether or not you have constructive receipt of the money.

Local market economic conditions. 

During difficult economic times, fewer people tend to take vacations.

I do worry a bit that the market could shift downwards, but I think I justified it to myself by saying 'in an economic recession, people will still travel, they just won't want to pay $800 a night to stay at the Grand Wailea.'  

I tell every Chicago investor who calls me about Milwaukee to stay in Chicago - the economic delta is just not big enough to take on the remote cost and efficiency burden.

Many property managers tend to focus on physical occupancy rates, but what truly matters is the economic occupancy rates—the actual rent collected.