I love learning ideas to make my business better from other local investors.

Nashville, Dallas, etc etc)Yeah, I know states like Florida and Arizona have prohibited local municipalities from restricting non-owner occupied STRs.

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

As others said out of state can be more challenging based on location but local or out of state both can be done. 

I would recommend that you get out to local meetup events, as that is where you will make the really deep connections to help you get rolling. 

When dealing with federal, state, and local NOFA (notice of funds availabilities), do government funds allocated for affordable housing often get depleted from too many developers requesting funds for new projects?

We would love to connect with investors, as well as investor-friendly realtors and property managers in the northern Alabama region.Any insights into the local market or recommendations for neighborhoods to explore further would be greatly appreciated.

And the locals in Highlands have been fiercely debating STR's and regulations for the last few years, so I wouldn't be comfortable buying there.

Hey Carlos, I am local to the area and have helped investors with this.

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.