It usually bottoms out around January each year.Months of supply for all dwelling types in the GNO area is at 5.7 which is the highest it has been since about 2014.

I would be mad.Just get a charcoal grill and let the guests supply their own charcoal.

And STR is much more involved with high turnover rates so you’ll not only need to post the listing but know how to keep it competitive so that you maximize bookings, of course, furnishing it, keeping supplies, restocked, cleaning, maintenance, And what about consideration to any local STR rules and regulations?  

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply. 

We dont supply washer and dryers- most tenants in our market have their own and we don't get higher rents for having them. 

They started off in the one-off single family home modular designs but in the recent years have acquired facilities across the US to really ramp up supply to meet the demand of the market especially here in LA for developers looking to big large affordable multifamily housing.

Real Estate is just a tough bizz on almost any form or fashion takes work and does require some sales and marketing skills..

@Nancy Bender there are currently 16 active listing in Margaritaville and the supply of listings is almost always higher than other similar nearby resorts. 10 of those 16 have been listed for 60 days or more. 

And you'll have to make decisions on supplying linens and consumables, which many MTR guests expect to be included. 

If this trend in the supply of homes for sale increases again next month, we will see price softening.