I can only really speak for Tampa but if you buy a unique and/or amenity rich property in the right part of town and do all of the management pieces right you can and likely will be successful. 

SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.

Something to the effect that they will look at pics and video of the space and give you ideas on how to make the space unique with good style to help your place stand apart from the competition and you can purchase the material from the company as well (think wall accents, cabinetry, etc)I think the pod dropped in the last couple weeks.

(yellow, blue, handwritten, scribbles).19.Slap a unique tracking phone number on each mailer design.20.Spend another fortune sending mailers, again.21.Get yelled at, again.22.Remove people from the list that demand it, again.23.Receive a bunch of returned mailers, again.24.Spend another fortune to skip trace and resend the new mailers… again.25.Subscribe to your favorite real estate investing forum and ask people what you are doing wrong.26.Try hard to make sense of their response: “If all this is not working for you, it means you didn’t do it enough, do more (of what obviously is not working), and stay consistent”.27.Get depressed.28.Get yourself together.29.Do it all over again.30.

There is always room to add another property and make a decent return, but it requires enough knowledge/experience to create a rental that is unique enough to attract renters away from the competition.

The charm and uniqueness of it captures me. 

I have a unique background so I may be of some assistance to others in certain aspects.   

I would be aggressive with price drops and try unique things to make your property stand out.

Key Opportunities in the United States for Investing in Luxury PropertiesThe luxury real estate market in the United States is constantly evolving, and certain states and cities offer unique opportunities for those looking to maximize their investments.

But we're very diligent about education and providing the most suitable programs which make sense for their unique situation.