It gets 4.5m visitors a year.So overall I think a B&B would do well there.

Not sure if it is suitable for retirement, but I would buy rentals there all day long IF they are not selling for crazy prices now. 

Branson is tourism based and 2-3 months of the year is dead/no visitors. 

Address pets and what types of pets are allowed or not allowed, visitors etc.Make them aware of any HOA rules they need to abide by to keep you out of trouble.

In the meantime, as you start to scale I would start evaluating your options and testing out which software would be most suitable for you. 

Any market that has a high number of visitors can be good for STR.

Entities are created to protect you against two types of liability:Inside liability: something is happening within your entity (slip and fall from a visitor or tenant, mold health issue, ...).Outside liability: something is happening in your personal life (you are at fault in a car crash with major injuries, ...)Not all entities are created equal for liability protection.

Work with a commercial real estate agent like Assisted Living Properties of Texas or Marcus & Millichap to locate suitable properties and negotiate leases.

Additionally, the state of Louisiana offers a generous tax incentive program for investors who invest in certain designated areas within the city.Tourism Industry - The tourism industry is a significant driver of the New Orleans economy, with millions of visitors coming to the city each year.

If you are going to create a let's say 75/25 split, where his responsibility is bringing suitable deals as his equity, you probably wouldn't want your part of the equity to be greater than 75% - i.e. if he brought a unit worth $100k, you wouldn't want to be all in (your purchase+rehab) for more than $75k, such that if you had to liquidate the LLC (let's say just this one unit), you sell for $100k, he gets his "fee" (the $25k in equity from the house value) and you are made whole as if he never brought anything to you in the first place.