Quote from @Chinku Prasad: First, you can contact your insurance provider to see if they will cover the damages and then pursue compensation from the other party. 

Strategy: What was your plan?

As a former resident of both islands, I was shocked to see the damage firsthand and to also see all the homes that where I once lived having to dig out from the sand that came with the surge.Coming back to my own home off the islands I could not help to think how this event is going to change our local area in the near-term.

"Used this company (resrents) as an owner, at first they treat you like royalty until you truly sign up with them to rent your property.

Research and understand local legislation in your market regarding STRs, FIRST.2.

- and what is your overall take and experience with it?

It’s never too late to join, and it sounds like you’re already on an exciting path with your multifamily opportunity.

You answered your own question QuickBooks

It’s natural to feel both excited and nervous, especially with your first deal.

Thanks for your responses!