The seller can supply everything they used to market, pictures, ad copy, etc., but they cannot sell their AirBnB account to another person.

Our agent is not an expert on this type of deal but suggested a short loan term of 3 or 4 years and a balloon payment and written up by a lawyer. 

Quote from @Josh Holley: Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another.

It’s a motel/RV park located in a rural market with seller financing on the table.

I was thinking if I can do creative finance with seller finance deals this may be a way to help me get where I want to be.

It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.

I probably wouldn’t mention your third point - it makes it sound like you expect them to hold this note forever and I’m not very certain, but I’m guessing there isn’t a huge market for $100k secondary notes.Have you considered asking them to finance 90-100% for a short period of time so you can rehab and refi at a higher valuation?

Quote from @Wale Lawal: @Damian WalkerAs a real estate investor, it’s your job to find motivated sellers every possible way you can.

I wanted to get feedback on managing short term rentals in Hawaii. 

You should reconsider looking for a property zoned for short term stays.