Exploring Florida panhandle market for vacation rental

[Dev Paul]

Good evening all! So after lots of readings and speaking with some of the people here, Im leaning towards Florida Panhandle market as one of my top 2 choices. From what I understand, best income is to be made in bigger SFH rather than condos. Besides regulations are unlikely to change from curren as HOA doesnt come into picture. My budget is 400-550k with 20-25% down payment. Targeting properties with potential of netting 80-100k in yearly revenue. Looking to self manage. Open to do some upgrades if I get a great price. Which specific cities, towns, beach communities I should target? Any thoughts, pointers (especially from folks doing it first hand) and realtor contacts will be appreciated.