Thanks for adding the info about TripAdvisor and Booking.com.I personally live in a popular tourist location, and have considered only renting my own house out for the max allowed days before taxes are required (14).This is perfect for when we go on vacation.But you are right, it is a lot of work to clean and then over your house.

My concern is that this might be at a very top level.LLC’s are a different story, where residency is important.Since you reside in CA, you will be taxed in CA on world wide income.

However, there are about 7 million tourists to Galveston every year.

That part of NH has very little in the way of business, or even tourist attractions.

The mountains in east Tennessee smoke every vacation rental market in the country with 80+% occupancy year round. 13 million tourists per year only 26,000 residents. 

@Frank GrecoWhile Florida does not have a state income tax; New Jersey(which I assume is where you live) does have an income tax.As a NJ resident; you are required to report worldwide income which would include the income from rentals located in FL.Having an FL LLC or a NJ LLC that registers in Florida will not change the above scenario.The good thing is that rentals often report a tax loss as a result of depreciation; but this is something to consider when you run out of depreciation and mortgage interest which may put you in the taxable income territory.

Dora is about 45 mins from Disney and other attractions, so its in the ballpark for your 'standard Florida' tourist who thinks outside the box on where to stay. 

I live in a large Amish Community in Southern Indiana with several different things to offer but just not sure if I should only promote a place for people to stay or widen the choices to include tours and actual time they (Tourists) could spend at Amish Farmsteads which would include learning all aspects of the Amish Lifestyle.

Things I consider when evaluating a market.External factors that provide jobs to pay for houses- Colleges, Big business, Population density, Vacation/Tourist attractionsDemographics that are generally balanced are places that I'm interested in.

That paired with the fact that we get 13 million tourist per year makes this area the best option for vacation rentals in the country (that's my opinion) Although I must point out, if you're not willing to self manage the returns will be similar or less than a LTR.