Yes, the Poconos area is saturated but I still believe if you buy the right property in the right spot and you invest in design and amenities, you will do very well.

I lacked the architectural knowledge to design my own.

This helps reduce operational costs and increase efficiencies, hopefully giving the landlord back time to spend on other areas of the business.Market Trend Predictive Analytics: There are AI algorithms that can analyze large amounts of data in order to predict property values and future market trends.

@Dylan S. seek advise of a CPA, but form an LLC and get a S-corp designation. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

My husband and brother both have extensive backgrounds in construction, while I have experience in design, so I am very confident that with the updates we would make, the house could be worth over $900k.

Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)

Look for areas with high tourist demand and strong rental yields, and consider attending real estate seminars to gain insights into the latest trends and strategies.  

Design/pre-plan as much as possible.

I'm working with a local engineer on finalizing a couple of ready to build ADU/triplex plans that I designed specifically for Oregon for my own uses, but you've got me thinking re: scale in general.