Look to invest where the vacancy market is low and rents are rising, indicating a shortage of rental availability. Renters typically look for new construction with modern amenities. They want comfortable furnishings, washers and dryers, microwaves and accessories to make their visit more enjoyable.

Smart landlords provide accessories like coolers, boogie boards, binoculars, mask and snorkel gear and even basic fishing equipment in their rentals. Your choice of furnishing may vary whether you choose to target the transient tourist market or longer term renters.