I would invest in a market that will sustain STRs and is a tourism destination. 

At the end of the day we decided to negotiate w/ the seller on the cost of the upgrade to get them into compliance.

To price is correctly you need to know your competition and micro and macro market trends. 

MarkRedfish Emerging Markets

If yes, is the rent that is received greater than market rents?

But got not visitor is the market slow?

Macy's, a cornerstone of American retail, is seeing significant interest in the real estate it has put up for sale, a promising sign in a challenging market.

@Ignatius Okeke how much research have you done on this market, versus just relying on what others tell you?

Not sure if you're a pro member on BP, but if you are to familiarize yourself with the area besides having a trusted human who knows the specific market there - the Market Finder app has a lot of good info and the Deal Finder you can use to poke around that area on a more granular levelKeep us updated on what happens with this!

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