You'll need to get good at analyzing rehab costs and predicting after-repair value (ARV) to ensure your margins are solid.To get started, immerse yourself in real estate education—read books, listen to podcasts, and use BiggerPockets to connect with experienced investors.

Quote from @Huiping S.: Lots families were flooded from Hurricane Helene.

Best way to start looking into this is checking comps on Airbnb, look for 30 day min listings and see how they're priced, who's booking (by checking reviews), how the best performing MTRs are set up.Start ups costs are very similar to STRs.

However, this is what many real estate books call “phantom cash flow,” which is considered a red flag.

I want to start investing in real estate, and I am going over all these books to see the type of strategy that I am going to follow.

Read this book first - https://www.amazon.com/Every-Landlords-Property-Protection-Guide/dp/1413307000 - before getting into more complicated and expensive measures of protection.Let me know if have questions or want to chat further - I can give you my investor perspective.

There are so many pitfalls going into business with relatives, there have been books on the topic. 

During slower months, sometimes you have a few days in between bookings and your cleaners can’t go until one or two days after checkout.

I started to allow them to see if it helped with bookings.

Every additional booking/income above these assumptions is just gravy.