For investment properties sometimes you can do this if there is a history or using Airdna but never for primary residence purchases.

I guess tourism is an important enough industry there that while they need to limit the short term rentals for local residents, they also need them to provide lower price points for visitors. 

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence buy & hold investment.

Convert the Property to a Primary Residence: If you live in the property for at least two of the five years before selling, you may qualify for the primary residence exclusion, which allows you to exclude up to $250,000 of capital gains ($500,000 for married couples) from taxation.4.

What that means is you can stay in your residence and I will be taking over the garage (the property will be split at x point??)

Or sell & throw that money towards our next primary residence? 

I have a primary residences that is in a great area that I’m looking to rent out within the next year or two. 

Park rules are usually much more restrictive than even houses in HOAs because mobile homes and RVs are close together, and have older residents who are nosy and particular.

Or refinance for spending cash when it come time to retire.The advantage you have living locally is that you can buy a new primary residence every few years and keep the prior home for a rental.Good luck.