this would be my first deal and i am not sure if its even worth looking at.listing price is 795,000 (i would offer lower) which is comparable to sfh in the same area.first unit rents at 2400 1b/1bsecond unit rents at 1800 1b/1bthird unit is not permitted and currently rents at 800(this would be my residence in a house hack situation)property tax is 3300 a yearthis is a older house that has been maintained(new roof/siding/kitchens)with little experience i would say this is a b+ a- house in a B B+ neighborhoodproperty is in downtown Napa which gets a lot of tourist activity vacation rentals go for 300 per night averagefinancing is through a partnership passive investor using 200,000 down to get tradition financing title will be in my nameit must be noted this is the first house i have seen with any cash flow. listing prices are high, stock is low and people buy for appreciationthis house is nowhere near the 50% or 2% rules am i crazy for looking at itthanks in advance and let me know if i need to give more infoCasey

I just recently talked with a realtor who is renting out a lakefront property on a weekly basis, and finding a great deal of success doing that, much as they do in strong tourist areas such as the west coast of Michigan, but is doing it right there in Brighton somewhere.

The tourists may or may not stop coming in 5 years but waco is growing quickly on its own and has numerous reasons for its success that do not involve a tv show or a football program.In my opinion the best reason is small and accessible government!!

Not the tourist side of things .

It's in a major tourist city with acreage and 2 houses on the lot.

Im looking into buying some condos in the tourist areas.

We live in a rural tourist area and have a very disfunctional market, but I assume from your location that you would be in a more traditional market where a new home would be an easier sell.  

The less hustle the tourist factor going on..

First off this property is located in a trendy, millenial, good school district, clean neighborhood, low crime, close to public transit, good walking paths and to a popular tourist attraction. 

I'm a newbie still when it comes to real estate but if I was looking to buy in an area other than where I lived it would probably be a rental friendly condo near a popular tourist destination.