I would use it maybe 14 days per year, and it would be available for rent the rest of the time (ski lodging in the winter, woodsy get-away in the summer, leaf peeping in the fall!).

Fort Collins made some changes to this as well, I don't have all the details, but I believe it is now required to have a short term rental license and then you have to collect lodging taxes. 

There are people who travel who might not have traveled if they didn’t have the option,” of using Airbnb or similar online entities such as HomeAway, he said.Hoteliers are less than enthusiastic, concerned that short-term lodging services have morphed into a multimillion-dollar industry with few restrictions.

It could be an extremely cool building once finished though, it was an old masonic lodge. 

Also, be sure to check the regulations in your state/municipality regarding short term/transient lodging.

The lodging tax + the ancillary expenses on top of debt service in comparison to a long term rental was too close for me to justify the time keeping it as an STR.

@Joe Garvin 73% is great...what are the lodging taxes like in your area.My wife and I are doing a mixed use project and building in 3 suites to be used as BnB...my expectation was 30% occupancy...which seems more in alignment with the BnB industry...is the high occupancy normal for you guys? 

I once built a 2400 foot hunting lodge for more that.

And housing/lodging is one of them. 

I saw a listing for a 2 bed/2 bath room in a ski lodge that we have stayed at before.