@Cole Simpson, @Erik Stenbakken has a good point about zoning. many of the single-family homes are not zoned for STRs, but there are a lot of multifamily locations in resorts and other areas that do authorize STRs. 

You could also check with your homeowners insurance as last resort if you think a claim needs to be filed, although this will increase your premiums so this should be last resort.Hope this helps!

A $1B USD resort known as Xala is being built 10 min from the new airport (scheduled to open 2026??). 

Our experience has been that buildings <6 - 8 units are generally not worth the cost of sub-metering (and many larger than that may prove to be not cost efficient to convert).You can install and manage your own sub-meters and bill the tenants or you can hire a third-party to provide the service.In some jurisdictions, you may be able to resort to using Ratio Utility Billing System (RUBS) whereby you would apportion the water costs amongst all units based upon a set of criteria (number of fixtures, people living in the unit).  

For a long time I used section 8 as a last resort.

If you were more astute and reliable, you could use those you do business with, other investors, HMLs are the last resort in most cases, what are you all going to educate me on in lending?

I'm a naturist Christian, so I'm also considering turning it into a nudist resort. 

Last resort: credit card cash advances .. are you able to add it up to the amount of money you need?

You guys sure like to throw adverse posession around early.It is the legal tool of last resort.

When the time comes, I will go for an extended 1031 and as a last resort use the reverse, if left with no options and can get the financing lined up.