What are some qualities of successful short term rentals?

The property also appears to be in an appreciating area, so selling and buy a cash flowing rental may not be the best option.Have you looked into ways to increase rent such as Mid-term of Short-term rental?

The traditional closing period lag time coupled with the delay in knowing the true market cap rate due to steep interest rate hikes creates a major, present day, market uncertainty.

When there are no events, the venue has been booked for short-term rentals.Business has no debt, and is turn-key (advertising is creating a healthy pipeline, there are existing employees, and will come with all the inventory and FFE&V). 

I am tasked with finding a property in a short amount of time via a 1031 exchange.

On the other hand, refinancing would provide a fixed rate mortgage that is lower in interest and has less concerns for paying back in the short term as long as the property still cash flows.

Are there any other opportunities for investment or short-term place to live in that area? 

Demand for short-term rentals is based on emotions, the allure of this view or that amenity or this undefined "feel" or "design" of a place.I'd love a pamphlet that says simply, "Hot tubs increase gross annual revenue by $22,000."

Again, it is more about preserving your investment for a few short months until this is over. 

I've kept my rents the same and simply charge a short-term fee.