It´s a fun thing, and we get to meet people from all over the world, but (honestly), tourist apartments are kinda boring.

My first subdivision I did in Oregon was 105 lots in the wine country. 

Depending on what your purchase costs and total profit I would maybe kick them a nice gift, rather that be $500 or a nice bottle of wine.

Also a huge tourist destination for crappy skiing and beautiful warm weather months... it has led to ridiculous real estate prices here, I have realized.

They provide food, beer, wine, soft drinks, desert, and time before and after the event to meet with people.Easy located next to Grove St Path in Jersey City.Here's a link.

So a 200-300/night for a whole house near some beach in texas or South Carolina will have more takers than 1000/night in palm springs, california.Not sure if you guys agree with this, but just in case which states/areas/towns you may suggest where one can get a decent or semi decent property (full home rather than condo) for less than 250k and is reasonably popular among tourists and can get 250-350/night?

Very nice area, good friend grew up on the beach and as we own rental properties we are considering downtown from that aspect.We're probably going to settle elsewhere but we've decided on two things originally not considered - we don't want to live in seclusion, we're social animals and want to live within a short ride to a steakhouse, seafood, and wine/whiskey bars. 

@Willy Lew Seattle multi families are mostly over-priced, the big CAP rates in my experience are in large (6-8 bed or more) SFRs rented to young professionals by the room or STRs to tourists and business travelers.

@James Matuschka Not sure where in Louisiana you're from, but I like CO much more in terms of long-term appreciation and general attraction for visitors and tourists.

I just know that I want to cater to tourists.