@Jade Frank I agree with what @Dominic Mazzarella and others are saying here, but If you find the downside outweighs the gain and you ultimately decide to sell the property, Since the property was held for investment use it would qualify for a 1031 exchange. 

Rewey: Great post topic...I'm going to pop some popcorn and will be back for the show.Just to get things rolling.

@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.

In '23 the state set records for tourism revenues and visitors to the state, a hat tip to your point about year-round demand. 

Looking forward to learning from the community.Thanks!

This strategy could give you steady cash flow while avoiding some of the volatility that can come with Airbnb.

Not perfect but wrapped it up quickly and had him sign a waiver for any other findings. 

Why were the investors in a real estate investment paying for the sponsors business?  

I’ve tried posting links before to help others, but I got flagged for "self-promotion."

I deleted it in this post but I plugged it in.