But Germany's spa and recreation areas like Bad Kreuznach offer tremendous opportunities for excellent and above average returns in the health and wellbeing vacation sector. 

Median prices are up 4.2% year over year, and average prices are up 2.2% year over year.

The average rental is $1350 a month so you might be able to get someone in there at 1/2 price to manage the wedding venue.  

What I did get, was on a marketing email list that sells their other virtual products.

Please, no solicitations.Use the renovation/acquisition loan products that require 10% down on the purchase and you should be able to get a few going at a time.

Japanese people culturally like brand new and shiny products and you will have a small market of investors who won't touch unless you offer attractive yields.

The average days on market (DOM) in the NY Metro area has decreased over the last year.

For what it's worth, I tried to run your numbers using the proforma I use with my CFO clients and I'm getting an IRR (average annual return) of nearly 23% (see page 2): Kalamazoo Properties

It shows me the average price of booked vs unbooked properties from my completion that I can choose.

@Makani Donaldson I’ve been investing 5+ years and over my 31 units I average slightly more than $200/month.