Kissimmee / Davenport 5+ bed STR post Covid

[Sebastian P.]

Hi all, I'm looking at entering the Short Term Rental Market in Kissimmee / Davenport. I'm just looking for any advice/recommendations/sanity check.

Is it a terrible idea to be looking at buying down there right now?
I assume occupancy numbers have dropped a lot due to Covid as MLS prices look to be dropping.

What else should I be wary of?
What other questions should I be asking?
Should I wait longer to see if prices drop further?

I'm based up in Canada so will likely have to make a corporation I assume.

Many thanks for any information!