Not going to get into a discussion about people being able to do what they want in their house but in PA, recreational use is still illegal. 

Expensive markets are often desirable because many people want to live there, driving up demand and prices.Reno, NV, for instance, is a market that benefits from diversified employment sectors, including tech manufacturing, hospitality, and recreation.

The combination of multiple income streams (motel rooms and RV spaces) and its location near outdoor recreation and a nearby urban center makes it an intriguing deal.I have experience as a broker working on RV park and mobile home park (MHP) transactions, and I’m currently working on deals in this space.

Even in the nascent years of Communism, the idea was dead within 10 years; the Soviets only managed to recreate a society of oligarchs and peasants under the lip service of equality.

-Recurring and Seasonal Maintenance Tracker -Finding a Market-Analyzing a Market-Property Closing Checklist-Underwriting and Analysis Worksheet-Due Diligence Checklist -Buy Box Checklist There is no reason to recreate the wheel.

Illinois just legalized recreational weed, however some of my tenants have been smoking it in their apartments long before legalization was even a consideration. 

.- Rules prohibiting guests from using lakes for recreational activities.I want to better understand if operating an STR in this region is feasible, particularly with these restrictions.

I talked to a Lady in Nashville and walked her through the process and she was able to do this and made some pretty spectacular gains on recreating old parcels.

It is located in a recreational community so other cabins are around it.

There is value in intangible assets, at least as much as it would cost/take to recreate it - and it saves the buyer the years it took.Like Don said, maybe not interesting for a pure real estate investor, but this is a combination of a business and real estate, you have to value both.