This would be my first time trying to launch a STR and unfortunately I don't know a lot of people doing it, and I know hardly none doing it in the coastal market.

Initially, my thoughts are too few bedrooms for 2200 sq ft, is there a way to have a 4th bed, that size house should be able to sleep 12-13 in our experience.We have two 1650 sq ft stilt beach houses and they are both 4/4's and sleep 12-13 and we do about 140k combined in them.

I believe your post could have misled some readers into believing cash flow positive, rent ready, high LTV LTR RE is obtainable in coastal southern CA when it really it is almost a unicorn (my last such purchase was Dec 2020 and I considered positive initial cash flow a unicorn find then even with the lower rates, much harder today).Best wishes

Additionally, look into underrated coastal towns boasting hidden beaches, charming downtown areas, and authentic local experiences.

If you just bought your first rental and are looking to negotiate the PM agreement, yeah that's not going to happen, they'll tell you to pound sand in that situation.

Quads on a septic system is going to be a major expense and you should expect to pump it out every 2 years or so, so it needs a man hole cover.If it is going to be septic be SURE you have sufficient soil quality for your drain field, you will want lots of sand.

I would personally stay away from coastal cities with insurance costs and weather risks.

I also started boutique builds in Tulum and now i've moved over to Puerto Escondido, and precisely what you've mentioned is what I'm starting to do over here in coastal oaxaca!

Biker/tweaker house.....Had to sand the wood floors 3 times....and nothing took the stench out of the interior until I finally re-mudded all of the drywall.But the winner might be the house that was a lesbian party house.

And if they don't like it, tell them what my attorney says "go pound sand".