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Most investors chase hot markets and lose. The ones winning right now? They're following a 5-point framework most people have never heard of.

Gideon Spencer breaks down exactly how to identify killer micro resort markets — and reveals why the most talked-about locations are quietly destroying investor returns. In this episode:

The Golden Distance Framework — the precise proximity rules that make a property recession-resistant from day one
Why Texas is the wild west of micro resort development (and why that cuts both ways)
The permitting trap that turned a stunning Santa Barbara property into a 3-year nightmare
How to force appreciation by stacking units — and why micro resorts can cash flow 2–4x better than hotels
The supply-demand truth killing Hill Country investors (and where the smart money is moving now)

"I would way rather own in a smaller market that has less demand but dramatically less supply than a market that has 50x the demand but 200x the supply." — Gideon Spencer

🎧 Press play before you make your next offer — this framework could save you from a very expensive mistake.