However, every property is unique, and the actual rent for a specific property depends on various subjective factors, which online rent estimate sites cannot consider.SummaryRentometer does not provide the level of rent accuracy required for making investment decisions.

I also don't get involved with Buyers as the contract language and specifics should be reviewed by an attorney Absolutely, I would never recommend a subject to to a client (or at least not unless under very, very unique circumstances and lots of disclosures).

The majority of existing houses were built in the 1930s, contributing to the unique character of the neighborhood.

Maybe 5% look different or have something unique or different.  

the more you could make it an emotional (unique niche place that stands out) decision and find a buyer attracted to that vs pure math, the better, I suppose.I'm thinking 'the right location' (and buyer) for this scheme is more like the "hobby second home" crowd, dedicated ski/vacation town, right on the beach, cabins, main amazing attraction right nearby, NOT any-old air bnb beachtown condo, though, overall.

Conclusion:Please don't base your opinion of the typical transaction on this unique situation.

While I agree with Collin on location, views and water front, I also think you can stand out by being unique.

At some point both will stretch out, and underlying house price will grow wider almost too wide that taxes & insurance screw mom & pop REI again.

Keep cash on hand and don't put yourself in a position where if your tenant needs a new roof or AC unit right now that you'll have to put it on a high interest credit card.Second, I realize that everybody's experiences are different and so is everybody's unique skill set. 

Also make sure you have a unique value experience for your guests.