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Editor’s Note: This story originally appeared on LawnStarter.
Thanks to vacation rental marketplaces like Airbnb and Vrbo, anyone can earn extra cash by renting out their spare room, mother-in-law suite, or entire home to tourists.
In the U.S., short-term rental hosts can rake in an average of over $44,000 per year, according to market analysis firm AllTheRooms. But as with all real estate investments, your income potential depends heavily on where you buy your vacation rental property.
To help you find the right spot for your future B&B, LawnStarter ranked 2022’s Best Cities to Own a Vacation Rental.
We compared nearly 190 of the biggest U.S. cities based on revenue potential, initial investment costs, and average expenses. We also factored in entertainment options for guests, public safety, and climate.
Check out the top cities to own a vacation rental below.
1. Miami, FL
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Overall score: 67.18
Revenue potential rank: 1
Initial investment rank: 138
Overhead rank: 22
Entertainment rank: 7
Safety rank: 146
Climate rank: 46
2. New York, NY
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Overall score: 66.98
Revenue potential rank: 4
Initial investment rank: 154
Overhead rank:…
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