It's called "fear-porn". 

Our property manager told us there are approx 3,000 homes for VR.

V/r-Cody

I am considering purchasing a vacation rental as a dual purpose property in Hilton Head. I have owned rental property in the past but only locally (Columbus, Oh).  My attraction to vacation rental property is more of ...

At 50% occupancy, you'd need $166/night.Just quickly looking at the other VR's around the area, their scheduled occupancies aren't incredibly promising, nor are the prices.

Be sure to get insurance that is specific to VR - they can be very expensive - we insure all ours with CBIZ which was significantly lower than all other quotes.  

Experienced VR operators, what is your return?

I've done extensive research and looks like tourist areas in San Juan are the ones with the most demand for VR(vacation rentals) in Puerto Rico.

On a similar note, I think there will be more realistic virtual tours that will come out as the technology for VR is improved.

As a matter of fact, most of the VR management companies here are so overbooked they're having to borrow homes from other management companies just to be able to host the demand for their vacation rentals.