Should I invest in Short-Term Rental or Traditional SF? property?

[Kurtis Eaton]

Hi. I'm new to this and currently educating myself on deal analysis, finance and other basics. My question is whether I should pursue a short-term vacation rental property or a traditional SF home (or small 1-4 unit multi) for my first deal? It would seem to me that the ROI & cash flow are more appealing on the STR; am I missing something? What are the pros and cons of each?

Thanks in advance for any advice...

Kurt