While reports show that supply is continuing to grow to the demand, there is still plenty of room for more investors to move into the short-term rental space, especially if they take a creative approach to their property.
Castroville is a small agricultural town located a few miles west of Monterey Bay in southern California.This small city provides many attractions, such as the scenic view along the Monterey Peninsula or watching workers unload the day’s catch at Old Fisherman’s Wharf. The annual revenue potential is $133,934.
Families interested in caverns and rock formations visit Lakehead, which is located in northern California. One of the main attractions is the Lake Shasta Caverns. Vacationers can also choose to do a boat ride or a bus tour. The annual revenue potential is $66,359.
Manchester is located on the coast of northern California. Tourists can do various outdoor activities, like visiting Coast Lighthouse, whale watching outlooks, and Fort Ross State Historic Park. The annual revenue potential is $62,403.