If you buy in a prime location with desirable amenities, you’re setting yourself up for steady income and long-term growth.

Especially for things like population growth/decline, economic trends etc.And what things do you recommend checking when trying to decide whether a location is a good place to invest.

I'm primarily Texas and Arizona with interest in Huntsville with it as a central hub location for that part of the country.

There are a lot of good things about Wyoming LLCs, but the favorable Wyoming laws don't matter as much because the state you are in will apply the laws of the state the property is located in. 

It can range from simple touch-ups to more extensive setups, depending on your needs and budget.How Does It Help Me Sell My House?

I would do 12 month with extensions.

*the only reason I am not pursuing is because the home is located directly across from my current investment property and I'm looking to diversify my investment locations. 

If you keep it as an investment property, a lot may depend on your location and condition.

The terms and costs will depend on the property, your personal situation, the location, etc.

I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.