STR in Lake Arrowhead, Big Bear, Idyllwild

[Annett Annett]

I was initially inclined towards Palm Springs but the restrictions there are super tight. BB is also getting there I guess. This is our first investment property and we really drowned ourselves with so many different ideas/locations that we don’t know what to do at this point. Looking for some advice from people that recently bought properties in these areas and how they are doing. Reason I say recently is because of house prices, I want to compare apples to apples. AirDNA shows higher rates in Lake Arrohead and Idyllwild vs big bear. Wonder why that is considering Big Bear has more tourist attractions (Oversaturated I guess?).  Our budget is around $750k and we don’t want to fail on the first investment.

Thanks!