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is it easy to own a Florida vacation rental property you see people on TV look at three properties to buy and within 30 minutes they own a place to go on vacation and then they rent it out for profit for the rest of the year well it isnt that easy this video is not hard to determine if a property is a good investment or not we are not concerned with things like Roi cash flow or cap rate were more concerned about what are the areas where they are permitted and what do I need to do to have a short-term rental and are terms such as Airbnb vacation rental and short-term rental all the same well whats the definition of a vacation rental in Florida ing to State statutes 509.242 vacation rental is any unit or group of units in a condominium or cooperative or individually or collectively owned single-family to families three family or four family house or dwelling unit that is also transient public lodging establishment but that is not a timeshare project so what is a transient establishmen