Multi Family Vacation Rental suggestions for calculating deals?

[Lucas Milburn]

I have a couple vacation rental properties that do pretty well and like the Vacation Rental model.  I am looking into Multi-Family units in tourist areas and I havent found much commentary on Multi Family Vacation Rental deals.  Does anyone out there invest in this part of the market? 

I have never bought multi-family and have been doing research to understand things to consider and was curious what others in the same space have come across.

Can you buy a multi family and then break it up into individual units, with the intent to sell for more per unit then you pay and budget so that you keep one/two units that is paid for by the sale of the others?  I imagine to do something like this, if it were worthwhile, would require quite a bit more paperwork...