Vacation rentals in these mass-produced STR "neighborhoods" are really just a commodity, similar to a hotel room.

@Mike H.check out triple net leasing as to the mechanics of why almost 100% of hospitality and commercial properties are triple net leased.The main reason people NNN lease their property/s to businesses is because they want to own passive investments not actively manage another business.Very few if any investors manage the Hilton hotel property they own. 

Long Beach, California, is revitalizing its historic Queen Mary ship and hotel to attract tourists during the 2028 Los Angeles Olympics.

Don,  occasionally I will go to one of the guru set up meetings here in PDX which are usually a local hotel room 5 minutes from my house.

Storage units, industrial, raw land, development (a form of value add), zoning changes (a form of value add), office, hotel/motel, NNN, etc.  

My STR is covered by a commercial hotel/motel policy from State Farm.  

In areas that are very tourist-desirable, like coastal/beachfront resorts in FL tiny homes can provide an alternative to higher priced hotel rooms and attract a younger clientele that is not looking to book the large (sleeps-12-at-a-time) condos.

Insurance will usually put you up on a hotel for a few days to get settled.

Virgin Hotel.

You might get it for $400,000 if you have that much cash, but it likely won't go for $50 or $100.You can read some of your state laws here:https://dor.sd.gov/government/county-treasurers/Don't ever waste your money on a nationwide trainer or a travelling road show in a hotel ballroom.