I would prefer to go with a established company (rather than an individual hustling on the side) with streamlined processes, transparent online accounting, and a long and strong track record. 

It rents well and the regulations are friendly. the only problem is, most of the townhomes have CC&Rs which prohibit short term rentals. 

Yes by establishing a "co host" in your property listing on air bnb

Zoning & Land Use is something that has a ton of importance and it seems like I need to understand how to establish road access and utilities (maybe they are already established – I’m not sure).

Also be careful with the STR regulations being considered in many jurisdictions, do your research.Best of luck

Once they meet your criteria and are ready for the lease it's important to tailor the lease to a co-living space that establishes the rules and responsibilities for shared spaces.

Can anyone confirm that or not, as to current regulations?

I do like the beaches on weekdays around noon.I am thinking of Househacking in multiple island  so I would not have issue with Airbnb STr regulation.

We are exploring the idea of hopefully working with the government to establish a system, potentially through the creation of a nonprofit organization.

Like you mentioned, be aware of the short-term rental regulations through the city but also pay close attention if there is an HOA.