Short-term Vacation Rentals Net Profit

[Andy Beal]

Brand new to the forums and to real estate investing. Totally new direction for my career that began back in January 2020 when I got my real estate license.  Real estate investing is the next step for me and my family.  I'm intrigued by short-term vacation rentals and have been struggling when analyzing deals to know how to determine the net profits for properties along the panhandle of Florida.  What are the costs that need to be taken into consideration when analyzing deals?  Is there a resource that could help me determine actual numbers when it comes to the short-term vacation rental market in a given state?  Would you suggest contacting property management companies?  Any direction you're willing to provide would be super helpful.  Thanks so much!