If you talk to the right investor focused agent they will have cash on cash returns broken down by micro market and will tailor your goals to the market. 

Online plans are not site specific and most often they must be tailored to the locale including state building codes and climate.

Loan Selection: DSCR loans tailored to short-term rentals have proven effective for me, especially when certain lenders can use AirDNA comps for evaluation.Insurance Consideration: Prioritize short-term rental insurance with substantial liability coverage to safeguard your investment.Ownership Structure: Opting for an LLC provides advantages in terms of tax and legal matters, enhancing your property's protection.Competitive Market: Given the growing competition in this space, ensure your budget includes distinct features and amenities from the outset.

But if you follow your normal PM protocol tailored to a boat you should do well.

I am sure you have read a lot about proper insurance (STR tailored insurance).

Educate, you always want to lead with value in mind and tailor your conversation to the individual’s situation.

The latter can handle day-to-day operations, but it comes with a fee.Remember, each situation is unique, so it's essential to tailor your approach to your specific circumstances and local regulations.

This can reduce potential capital gains when selling or can impact depreciation when converting to a rental.Again, always consult with a CPA or tax advisor who can provide guidance tailored to your specific situation.Best of luck!

Remember, the law and tax codes are very much influenced by, and tailored to, business.

Do the search and you'll be armed with knowledge that can help you tailor your operating agreement to ensure you get the outcome you want should something like this happen.Best.