I think you'll find that's a unique range and won't have as much competition.

I typically have 3-6 renovations or new builds going at a time. 

So they have to move.

I have a friend who has 50 such doors in this market.

Condos are starting to get condemned, which means people are having to vacate units.I'm telling you right now, I'm a JD (not a practicing attorney) in Florida whose business is being an insurance expert for carriers, working with engineers. 

., some of which you mention, so it seems you must be aware of them.As an investor, your goal is typically  to maximize your return and minimize your risk.  

Quote from @Clayton Plummer: @Rob JoonIn your previous comment you said that Saugatuck city has a STR cap, but it was in its infancy.The township does not have a cap though? 

If it ain't broke don't fix it.You have a mortgage and insurance.

If you have a buyers list, I'd love to be included."

While there are definitely house hacks that have allowed owners to live for free and show positive cash flow the current interest rates and prices make those less common.