When you look at Florida as a whole for STR, you want to focus on the areas that have always survived and thrived on excess tourism.

I’m fairly confident in the actual renovation process due to my experience with facility management and vendor relations in the restaurant industry. 

Investors analyze income, costs, financing conditions, market rents, operating efficiency, and other dangers in order to assess cash flow potential.Increased revenue from tenants, extra sources such as laundry facilities, parking fees, and storage rents, as well as mortgage payments, property taxes, insurance, maintenance expenses, utilities, property management fees, vacancy allowance, and capital expenditures.

My deal details below.Location: Midwest, mid-size town with a number big and small companies, hospital, heavy summer tourism.

Purchase price: $125,000 Cash invested: $125,000 The Lakeview Creamery in Pepin, WI is an old Creamery that has been turned into 3 short term / mid term rentals, a boutique retail space, and a storage facility.

I read that Brian Head is trying to increase their appeal and tourism so their regulations are vacation rental friendly and also the mountain stills offers plenty of summer activities.

The hospitals bring in lots of homebuyers and renters relocating for work and to be close to medical facilities. 

@Tim West Yes - exactly my vision would be a different feel - community gardens, laundry facility, perhaps a guest suite that they could rent for overnight guests.

Our tourism in the winter is almost nothing. 

The environment is the #1 driver of tourism to the region and it's not adequately protected.