My question is, how is this strategy possible in light of the Pandemic and economic climate at this point?

And the maintenance in living in a wetter climate.

Any thoughts on hotel investing in the current climate?

My wife and I really enjoy the AirBnB platform, and want to extend that a little further into a warmer climate that we can enjoy in the winter! 

Continue to invest in the migration trends of mild climates and low taxes (state income and property) and you will continue to make money if you buy prudently in those areas.When a recession occurs I agree that if you have access to capital you will benefit greatly if deployed correctly. 

I was basing my comments on the general climate that I currently see often with many newbies.

More and more people are leaving the Midwest cities like Chicago, Detroit, and Cleveland for warmer climate weather and tax friendly states of the south.

The roof shingles are broken in some places (see attached photos).Also, the roof was replaced only 5 years ago, although I live in the harsh Florida climate.

Here's an overview: TRADE AREA - 3 Mile Radius• 12 traditional facilities• 864,595 net rentable sq ft• 41,175 sq ft climate-controlled• 823,420 sq ft non-climate-controlled• 21.2 sq ft per capita overall• 1.0 sq ft per capita climate-controlled• 20.2 sq ft per capita non-climate- controlled• No boat and RV specialty facilities (although, all the facilities in the area have a portion of space designated for this and are usually maxed out)DEMOGRAPHICS - 3 Mile Radius• 40,786 population• 2.0% one-year population growth• 6.3% three-year population growth• 12,869 households• 37% renters• 26% multi-family• $44,627 median HH income• $123,150 median house value ($267,836 county)YELLOW LIGHTPros:• Climate control likelyundersupplied• Population growth is great• Good number of renters goodfor turnover and raising prices• Opportunity for boat and RVstorageCons:• Market may at equilibrium oroversupplied with additionaldevelopment• 2 facilities built in 2018 may stillbe in lease-up (yellow dots)• Low median house value andhousehold income - (This seems incorrect.

Everyone always talks about the market trends or climate.