Short term single family house in Destin Florida

[Imran Maqbool]

Hi I am looking to buy a short term single family house in Destin Florida. I live about 1100 miles away so won’t be managing it myself . Need some advice if it’s a good move to invest in short term rental and after paying mortgage and all other expenses can I make any money ?

[Tyler Work]

I don't own a home in Destin but have done a good bit of research and the general consensus seems to be what @Marc Middleton said.

Ironically, Panama City (just down the road from Destin) was ranked the "#1 city to buy a vacation rental" and Destin was ranked #2 in 2017.  Rented.com is a fairly reputable source but their data has to be off or has huge holes.  

At any rate, thought this group might find this interesting:

https://www.rented.com/150-best-places-to-buy-vaca...