I would check out an STR data site like AirDNA, Mashvisor, Rabbu, etc., to get more insights.

Common expenses would be utility mandated SCADA upgrades for system isolation, metering packages, engineering & testing, etc.

I've found that many people will test you just to see how much they can get away with, so out your foot down, and let him know, that if thinks that he can sue, then he should do what he thinks is best for him. 

As an agent, my value is boots on the ground w video tours, comps, rental data, and everything else needed to invest from afar. 

@Amby BhagtaniAnalyzing a market Sperling’s Best Placeshttp://www.bestplaces.net/School Diggerhttps://www.schooldigger.com/State & Localhttps://www.statelocalgov.net/GeoMetrxhttps://geometrx.com/Social Explorerhttps://www.socialexplorer.com/Justice Maphttps://justicemap.org/Google Earth / Google Maps / Street ViewFree Map Tools – Elevation Finderhttps://www.freemaptools.com/elevation-finder.htmCensushttps://www.census.gov/https://www.census.gov/programs-surveys/ahs.htmlhttps://data.census.gov/https://censusreporter.org/https://www.census.gov/quickfacts/fact/table/US/PST045221City-datahttp://www.city-data.com/Socialexplorerhttp://www.socialexplorer.com/Costarhttp://www.costar.com/Colliershttp://www.colliers.com/en-us/usDepartment of Numbershttps://www.deptofnumbers.com/Data USAhttps://datausa.io/Bureau of Economic Analysishttps://www.bea.gov/https://www.bea.gov/itable/Bureau of Labor Statisticshttps://www.bls.gov/St Louis Fedhttps://fredblog.stlouisfed.org/Zumperhttps://www.zumper.com/NMHChttps://www.nmhc.org/research-insight/quick-facts-figures/Apartment Listhttps://www.apartmentlist.com/research/category/data-rent-estimatesStats Americahttps://www.statsamerica.org/town/Reventurehttps://map.reventure.app/dashboardSafety/Crime StatisticsSpotcrimehttps://spotcrime.com/ Family Watch Doghttp://www.familywatchdog.us/Neighborhood Scouthttps://www.neighborhoodscout.com/City Protecthttps://cityprotect.com/ Crime Mappinghttps://www.crimemapping.com/ Walkability Walk Scorehttps://www.walkscore.com/Checking RentsRentometerhttps://www.rentometer.com/Apartsments.comhttp://www.apartments.com/Apartment Guidehttp://www.apartmentguide.com/Craigslisthttps://www.craigslist.org/about/sitesZillowhttps://www.zillow.com/

One of the key features of the FHA loan was the Self-Sufficiency Test, which helped keep prices in check.

I have never tested it in court but reviewing the lease it makes it clear that unless otherwise agree the rent is automatically increased at lease end to the weekly rate as its a beach property.

Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!

It would be wise to consult with local real estate professionals, analyze recent sales data, and consider the long-term economic prospects of the area before making any investment decisions.Let me know if you're looking for funding for your RE investment.

Acquiring land in Virginia and South Carolina where Data Centers are most populous seems like a winning strategy.