Short term lenders balance sheet lenders like myself love pre-pays as most of our profit is in fees, so the quicker we can get the money back the better to relend the same funds. 

Among all the VA comps I've used, it is the most reliable and profitable.

The market is saturated with STR's further from the beach and attractions, so my advice is to be picky about your location and underwrite the numbers carefully to make sure the investment will be profitable. 

Excuses mean more profit.    

I’m Jorge Vazquez, a licensed broker, investor, property manager, and coach of the Property Profit Academy.

Knowing your options make better and more profitable deals1.

I was told the investor pays to lease out the entire flat for 6-12 months and then sub-leases the individual rooms for a profit.

This allows me to show my clients how profitable each property is and how changes to the property or how they manage them affects that property.

I would assume that you'd just simply sell each individual lot to the developer at a set lot price such that your cost to purchase the raw land and improve it to buildable lots was worth the proposed profit per lot.  

So if your big into water sports, living in the desert could have all the profit in the world but it's going to be miserable hell and odd's are after some months the profits wont matter.