Hello Navnidhi, I have managed it myself with the help of some local people experienced in these types of projects. 

Would love to talk to anyone who is local to get a better feel for the area and have some folks to get advice from. 

I can't see but maybe the wooden piers are sitting on sonotube concrete piers embedded in the ground which might change things.What I would do is get with a few major local lenders and maybe ask them what they would need to make sure the little studios (that is what I would call them, not yurts) are maximized for value.

Both PCB and Destin have local governments and communities that actually welcome vacation rentals.

Did you use a local bank that agreed to a Seller Carry in second position?

You can go to a local facebook or nextdoor groups and find recommended cleaners, handymen and repairmen.

It also has the benefit of being local which is great training wheels as you learn how to be a killer host.Now assuming that you mostly want a cool property to stay in sometimes near water and don't want to spend a ton of time managing I really like the outer banks in NC.

Hello, I’m a local investor and general contractor  to St.

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.

Connecting with local experts can also provide valuable insights to refine your strategy.Good luck!