Short term rentals in St Pete are technically illegal but it doesn’t stop hundreds of other investors from doing it.

There are cheaper markets that your current savings would go further and possibly provide better opportunity (almost definitely in the short term).

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

I also suggest you post your listing to "Short Term Rental Listing Advice" on Facebook and let them give you more feedback as well.  

Hi All, I'm in need or a reliable tool to use when underwriting short term fix & flip loans.

@Cosmo DePinto,I’ve seen investors do great in Huntsville—let me share a few detailsIn short, yes—it’s arguably one of the strongest markets in Alabama for a balance between cash flow and appreciation.

Own and just keep it as a rental longterm/short term rental?

My wife and I have done all the terms (short, mid, long term rentals) and have done some live in flips.

@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.

Here were the results:Sales Growth: As you can see, Raleigh and Durham are VERY different in terms of Existing Home Sale Counts YoY.