Orlando and Tampa are saturated with Hedge funds, REITs and investors from all over the country snagging anything that is out there, so be prepared to look well outside of those metros. 

It is a saturated and extremely competitive industry.

I have heard many times that the Joshua Tree area is very saturated.

I am in the medical field and could rent to training residents and nurses as well.The market is saturated in Port Angeles with STR and I think locals are having difficulty finding housing.

With that said Winter Garden is very close to Winter Garden.Also proporties in Norman are cheaper than the other markets because it is not as saturated with investors.Another thing that I am worried about is global warming and its affects on markets.

Inside the perimeter is saturated however there are pockets that are appreciating. 

I am happy you took the plunge and see the fruits of your labor go further versus this over saturated and over regulated state we live in.

@Gary GuidiThank you for the reply.I know mentors can cut a lot of redundancy and mistakes that all the newbies make, but now in dates with the mentorship saturate market (everyone wants to be a mentor) how can you decipher from good and bad mentors.

Well in theory you could do that....but won't nearly every other STR turn into MTR and saturate a relatively small market.   

I don't know if the market is saturated for short term rentals.