I have rented out this home short term before and have been successful but I don't have any experience with 12 month leases.  

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Those are some amazing #’s in that short period of time.

The decisions and actions you make today can lead to incredible long-term benefits, so it's great that you're starting now.A good starting point is connecting with a lender that aligns with your goals.

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.

The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.

I just meant to say that it's our next goal to build that up, having just gone on a spending spree on fixing up both properties in a short period of time.

For this post, the long story short is that no cats were on the application but lo and behold, there are 4 cats in the house during my first inspection.

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

You did it passively, so don't expect substantial short-term returns.