I don't trust them and it so much more reliable to take a few minutes and look at your real competition to set pricing. 

You really have to be an expert and outshine the competition here.

And while short-term rentals are the big draw here, there’s also growing demand for mid-term rentals from snowbirds and traveling professionals, as well as long-term housing for the increasing number of permanent residents.Yes, higher interest rates are a factor, but the strong rental demand in the Panhandle often helps offset those costs.

When a PM does charge a markup, he's usually getting a discount on the service to keep the cost stable.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

As someone else mentioned, insurance here is generally less costly than in Florida and other beach markets. 

By my estimates, pricelabs cost me approx $25K last year in lost revenue for some of the same reasons you've listed in your post.

That will give you a good idea of how it will go.Plus you can go over to https://awning.com/airbnb-estimator and put in some addresses and see the local competition.

Account for all costs, including closing fees, holding costs, and repairs.

Hey @Megan OConnor, I can't comment on the area specifically but it is doable.You need to search AirBNB and VRBO to get a look at the competition (don't forget to look at VRBO)You have to work into your plans the downturn during the off season.