Positive feedback will help boost your property's visibility and attract more bookings.By focusing on these areas, you'll be well on your way to successfully managing your first short-term rental and making the most of your beautiful lakefront property.

Ultimately he will sell his current primary residence and then move into this new home. 

Owner is ultimately responsible, and I recommend the owner pay so it's not missed.

My ultimate goal is to develop land once I have enough passive income and financial freedom.

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Ultimately I've found it easier to just take ownership over any situation.

If it ultimately comes down to me having to do  an eviction, ejectment or cash for keys then so be it.  

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When I do my own units, should I charge a really low price to my own property to make it self sufficient as it would then cover its own expenses, or should I charge the regular full price for cleaning and pay myself the entire cost for cleaning to boost my income?

I think these photograph well, but ultimately will lead to an underwhelming experience for many guests who underestimate the work involved.