After paying a competitive rate for the property management and ASSET management that the small operator does himself.  

You will have enough for a small downpayment on each option, depending on the area chosen in each case, and you won't have much of a cushion after closing costs. 

Today it has a small positive cash flow for its equity, but the value is up ~$1m above my costs.  

Absolutely man, I’ve got a small group of people I know personally who are ready to roll.

Quote from @JD Martin: Quote from @Jay Hinrichs: Quote from @Matthew Drouin: Small wine town is all I needed to hear.Seasonal tourism is usually not a great industry in which to build a sustainable business.There are probably higher and better uses of your capital near high velocity metro areas.We have small wine towns near our city in the finger lakes region of western NY.  

Are you suggesting that being crammed in a small hotel room represents a better experience than being in a comfortable homey Airbnb?

Like you said, they are stick built small studios that have a yurt like look.They are pretty sharp and I like the setting.

You need to pay the small bill to mitigate your risk of thousands of dollars of damage due to pipes freezing if the electric was off.

One small tip: keep your communication channels clear and open with your property manager.

It might be worth talking to a lawyer but not sure if it's small claims or worth it.Also, you might already have all of these things but for future prevention:- smart thermostat (so you receive alerts when the inside temperature dips below whatever preset you have)- Minut (or similar device) would also alert you to the inside (and outside) temperatures; for example, I have 2 devices inside the house and outside on the hot tub deck.