Tips on buying first short term rental

[Serge DuLaudAllemans]

Hello all, I am in pursuit of an investment property I can make into a short term rental. However, I am not sure where to start. I wanted to ask you all for some advice on getting started looking for a market for STR's and doing the research to analyze certain properties in the market I choose. What is a minimum cap rate to shoot for? How much work does it take to manage a STR your own? Thank you in advance!