There’s not much AirDNA data to go off, so my best guess is it’ll be tied to Savannah seasonality and around ~50-55% occupancy.

In order to refinance a home you must have six months title seasoning to use a "New appraisal" but keep in mind only certain lenders and programs allow a cash out refinance at the 6th month mark.

The key thing to remember about STR in Cashiers is that our "season" is really only about 12-16 weeks.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Be mindful of the harsh winters and short construction seasons, which can affect project timing.

What’s your occupancy rate during peak and off-peak seasons?

I am an seasoned real estate agent and affordable housing compliance manager in NYC with some experience in the Hudson Valley Area.

If I remember correctly, there is a provision for properties with Fannie and Freddie loans to be moved to single-member LLCs after 12 months of seasoning if the only member of the LLC is the owner/borrower on the loan. 

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

Of course, the smaller the property, the more necessary that you see every inch of it because there isn't a business running on top of the land like large-scale multifamily, self-storage, industrial, and more.