STR info for Gulf Shores, AL

[Stephen Densmore]

Hey everyone - 

Hoping to get some general info and advice for a STR in Gulf Shores, AL. Does anyone have direct experience in that market re: specific nuances, types of properties that do better than others (# of bedrooms, Sound vs Gulf side, location, etc)?

My brother (Ft Worth, TX) and I (Gulf Breeze, FL) are looking to go in on an STR property together in the near future. We'd ideally like to be cash flow positive with a "full service" PM (is that even possible) and use it a few times a year personally.

Any initial information or thoughts are greatly appreciated. I currently have 8 doors of LTR commercial office/retail but have zero STR experience. Thanks in advance!

-Stephen

[Luke Carl]

Beach front this market will be super pricy and hurt cash flow. Second or third tier beach view is best. With a PM you’re looking to break even but maybe a couple bucks!