It's one of the few routes besides Big Sur that you are directly on the Pacific Ocean and a big reason why there is a steady stream of tourists for luxury STR's. 

Mid-year conversions do not qualify for a partial year calculation of STR depreciation; you must meet the full-year requirements to utilize this tax advantage effectively.5.

The modern features and amenities can attract renters, and energy-efficient designs might help keep utility bills down.

I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.

They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water.

The rent is $2345+$50 pet fee excluding utilities.

The shift in rate environment could also accelerate the luxury STR market as inventory is exceedingly low and jumbo rates have fallen precipitously. 

Also, I'd love to talk about the our new luxury style short-term rental retreat that I purchased with other investors in Costa Rica.  

Do you have zoning permits, building permits, utility approvals?