I'm not sure what the STR laws are in that area, but with Aberdeen's fame and the crabbing seasons along WA's coastline, it may be a decent place for vacation rentals too.  

@Michael BrockwayMy understanding is that you must be a Mexican citizen to own property within 7 miles of the coastline.

Not many houses with spectacular views in the Phoenix area.

But you do know that for about 7-8 months of the year, the desert weather is spectacular?

Exceptions would be when there are spectacular views that can only be emphasized from the air.In order to use a drone for commercial purposes, you must have a license from the FAA.  

Sadly it's what many strive for.No matter if people own businesses or graduate from college the cream will rise to the top.There are the slackers,the ordinaries,and the truly spectacular at what they do.If you are going to go for a degree go all the way to a Doctorate if it is offered.

Dive into the crystal-clear waters just steps away, or explore the coastline with our complimentary kayaks.Anglers rejoice!

The benefits are pretty spectacular.

I also realize it's natural to regress to the average as the rental market has had a spectacular run for the last 5+ years.https://www.msn.com/en-us/money/realestate/millenn...How much of a concern is this for others?

Being appraisers, we are familiar with estimating "cost to cure" of deficiencies, and we know useful life of short lived items so we can build seller credits into our offers that will help mitigate monthly costs to us for reserves.We are going to take it slow and steady, as I said, with an eye on returns that may not be spectacular but still rival the stock market in a sector of the economy we know well.Thanks for the encouragement @Dave Meyer!!