Is am I too late for Rental Arbitrage?

[Steve Richard]

Located in Florida, but open to wherever makes sense. Very interested in rental arbitrage through Airbnb or others. I just got turned on to this, but understand its been a strategy for a few years now at least and I fear i'm too late.

My biggest concern is economy and potential recession. I don't like some of the indicators for the next 12 months and i'm concerned about new 12 month leases for arbitrage purposes especially if i'm just now starting up and don't have an existing portfolio to help me out if something goes south.

I'm curious what the hive thinks about where the strategy is at and where it's headed. I've been reading and reading and listening and watching. I see a lot of upside but need to continue my research. My goal would be to use these funds to reinvest in actual purchased property; a strategy to raise  capital more or less.