I let a few people, including Realtors, know that I was interested in investing in properties in the small mountain town of Pinetop, Arizona. I have a vacation home there, and have been thinking of doing some short term rentals there. After talking to ptoperty management companies, who handle that type of rental, I think that this could be very profitable. This area has a three season attraction. It is located 3 1/2 hours from Phoenix (5th largest city in the country). The area offers cool summer temps (30 to 40 degrees cooler than Phoenix), with hiking, ATVing, fishing, wildlife viewing, and all the tourist town amenities in a pine forest at 7500 ft elevation. The Fall offers beautiful colors and big game hunting. There is a ski resort nearby, and also a casino. I have had numerous contacts about properties in that area. I will be viewing several this weekend. I have not seen much about short term rentals (daily, weekly, monthly) in this forum. Has anyone tried this? If so please let me know how it worked for you.
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