STR in Galveston/Crystal beach tips and tricks?

[Charles Phanumphai]

Hi BP community - looking to buy a new build beach front property for STR in Galveston/Crystal beach, TX. Anyone with direct experience in this area? Any tips and tricks as we venture into TX?

Pros: Longer rental season.  A lot of short drive vacationers. Projected $50k revenue on the lower end and $100k+ on the higher end.  

Cons: A lot of supply/competition, but demand seems to keep up. High insurance and taxes. 

Any input would be appreciated!  Thanks!