So I say draw a big circle around DFW area and look around that circle edge….and possibly outside it….so for example on the north side Justin and Ponder and as you move along the circle...Denton and Krum, Aubrey, Sanger, Pilot Point, Prosper, Melissa, Anna, Princeton, and north to Sherman and Denison and all the small towns in between there and McKinney.

We get probably 60 percent occupancy in a remote rural town where people generally only come for weekends with huge groups, 14+.

This is due to the part of town it is in and the general issues.So, my real question is how do you pay for a hotel room - landlord pays upfront or reimburses tenant?  

I am also based in vancouver and found the same issue - looked at Squamish, Kelowna, etc. but prices seemed a bit extended for this strategy (for my budget/risk tolerance, anyway) and other interesting towns were farther away and didnt offer the same metrics. 

I am closing on a former bed and breakfast in a tourist town.

We would like to focus our efforts on the smaller towns surrounding Springfield and Worcester such as Palmer, Ware, Monson, Brookfield etc because that is what we are most familiar with.Currently I work for a local land clearing company and my wife works as a teacher.

You can easily determine neighborhoods by the tyical price point and for you as an OOS investor it does not matter so much whoch side of town you are on.People tend to have rose colored glasses when it comes to neighborhoods.

My entire investing business is built around purchasing in Denison and it's neighboring town, Sherman.

When NYC became a ghost town, people needed a place to go, and the Poconos were 100 miles away.  

But, if the floor is nonlevel because the joints underneath have an issue, than you will need a permit.Honestly, the you really should just call your town and ask.