You asked about short-term rental property demand and mid-term rental property demand in other areas besides yours and thoughts on managing these properties.First off, short-term rentals are a great property class to own, especially if you "materially participate" with 500 ours in the management of your property for the IRS to consider it an active investment and able to write down your active or W-2 income with the expenses, bonus depreciation, and cost segregating the property for additional depreciation to reduce your income taxes.There is short-term rental demand in many communities in Michigan because we have so much coastline and natural beauty as well as university, business, and hospital stay demand.

But it looks like those trees only permit a partial view of the coastline. 

Another had a wall mural of the PCB coastline and a few hotspots that everyone goes to. 

No trainer is going to guarantee their students won't get sued, have the loan called due, have heirs to the property come after them, have issues with insurance, or have the deal blow up spectacularly in various other ways.   

Even Oregon is a better bang for the buck on the upper Coastline where you can buy a home on the cliff with a private beach for under $2M.

There was a big-name operator with a sterling reputation who tried this a few years ago and failed spectacularly. 

Your 7 Sand Dollar property is spectacular.

a lot of new investors have picked a market they know nothing about solely because of price, and then totally and spectacularly failed.  

AirDNA will make no distinction in its comps for comparing your subject property on the ocean with another 4 BR home that is 3 streets in from the coastline. 

The tax savings are real and they're spectacular.