In the basement, there are 8 climate controlled storage units.

Proximity to a nearby course alone does not qualify.Investor considerations:• Attracts a loyal, higher-income demographic• Strong potential for destination travel, group outings, and repeat visitation• Revenue streams extend beyond rooms (green fees, memberships, food & beverage, events)Key risks:• High ongoing maintenance costs for course operations• Seasonality driven by climate and regional demand• Requires professional turf, water management, and course operationsInvestor takeaway:Golf resorts operate as lifestyle assets, not just lodging.

The competition is upper end REI, Climate controlled mainly, traditional. 

I have found that “good - great” deals are more difficult to find in residential in MOST economic climates.  

I'd be interested to hear from folks in the colder climates as well and how the units weathered the Winter or if backup heat was necessary. 

I will say as someone that invests in a desirable area with a warm climate every market has pros and cons.

In most markets the local politicians are a much bigger threat to your investment than climate change.

But an experienced investor can submit just an ok deal and get approval so I'd say in todays climate showing exits without delinquency or foreclosure goes a very long way. 

You can probably find statistics showing where climate related risks to property are likely to increase.

Now re future climate issues....we do NOT know which way that will go.