I agree with Shane and Naz, how comfortable are you with managing a property a few hundred miles away from where you live.

Since we manage ourself we only look in markets within 40 miles. 

I agree that many travelers are opting for a staycation as research shows an increase in bookings from within a couple hundred miles from home. 

These areas are mostly rural or drive-to destinations as tourists opt to have staycations within a couple hundred miles of their home. 

I’m evaluating a commercial deal in my neighborhood and need to insight into analyzing the deal and finding comps.Summary:Off-Market Deal - 4 unit office spaceEach unit approx 825sqft Currently 75% occupiedAsking price $95kCurrent total rents $950/moBills covered by the landlord ~$150/moProperty tax ~$2000/yrLocated in a more residential area, about 1 mile from a main strip.

., I manage ours from 360 miles away with no issues.

Purchase price: $462,282 Cash invested: $140,000 A 4,733 Square Foot Office Building located approximately one mile east of Downtown Auburn.

Purchase price: $462,282 Cash invested: $140,000 A 4,733 Square Foot Office Building located approximately one mile east of Downtown Auburn.

Data is showing that tourists are choosing "drive to" destinations within a couple hundred miles from home right now. 

Close to downtown entertainment (less than 2 miles); enjoy the local bars or catch a Biscuits game.