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. 

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

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

I now live in Indianapolis and work exclusively with OOS investors, particularly those investors looking to acquire cash flowing small multi-family and/or short term rentals.

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.

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

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.  

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.

I was surprised how many small families we get.  

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