@Olecia Williams I am local here in Florida and help clients all the time purchase second homes that they short term rent with 10% down with zero issues.

Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health) and choose the one that is most “stable” with the best potential for long term tenancy.This advice is contrary to maximization of rental income, but IMO will reduce expenses of tenant turnover, property damage, property management fees so much that the difference in bottom line income will be quite small.  

While the prices are attractive, I'm concerned with its long term viability.

Quote from @Ryan Pham: Is there a reliable way for to est income of a furnish / short term / airbnb  incomevs long time income ( I know this can be est looking at comparable posting in same area )I have a 3 bed / 1 bath small townhome ( hoa approved ) I like to try to fully furnish and do airbnb / fully furnish rentalThis unit is 1 mile from Banner Desert Medical Center ( traveling nurse ?

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

We can also discuss which locations tend to command higher rents to help you achieve the best possible return on investment.Let me know if you’d like to set up a time to chat—I look forward to connecting!

This aligns well with your goal of achieving $11K/month in cash flow and retiring within 5-10 years.

I have STR, MTR, and Long term rentals.

We have sold (tax free), kept as long term and/or short term rentals as well.

So if you are looking to hold long term, you must take that into consideration.