Like a cruise conference or a nice beach conference.

Destin has some larger vacation homes, but in my humble opinion the prices are already toward top levels. 

They are what sink many would be investors that are cruising along with what they think is $100/mo cash flow until they have to drop $5k on an HVAC system thus wiping out years of cash flow.

AS @Russell Brazil  says there will for sure be another recession that's a given.but who can time it.. and will it be regional.. there is always mini recessions and hot markets.just look at when a factory folds in some smaller burg.. or like right now look at South Carolina which is ON FIRE for jobs.Boeing 787New Volvo factory not yet manned but thousands of jobs and support coming in the next yearMercedes building a new factory same thing.building a new embarkation debarkation for cruise ships in Charleston  14 hotels under construction in Charleston.. then look at another market where not much is happening and won't be happening.but right now real estate is hot and frankly its pretty solid right now.I am not sure on the MF side that kind of goes up and down on over building .. and commercial as well.Like I probably would be a little nervous in the Mall space or some commercial with brick and motor kind of changing.But with the owner occ resi seems pretty solid.. no sub prime NO liar loans.. 

The location being a high year round vacation destination helps keep occupancy full year round.

Again, this is in our markets which are year round destinations.

It is full of tourists, the #2 destination in the U.S. for weddings.

Check in on "how's it going" and do thorough preparation and contact with each party.If you do a destination whole-house Air BnB, try to fit as many people as possible, and have two bathrooms.

Currently, I am looking at buying a condo in Destin, Florida to rent out and I would love to connect with anyone familiar with the area.

His work is the type where they put excessive sub-woofers and flat screens all over show vehicles, turn a Suburban into a 2-seater with 9 feet of 47billion watts worth of subs, wrapped in flowing body-colored fiberglass with computer controlled LEDs, and make golf carts thump while they cruise car shows.