The best markets have been saturated for years (Airbnb/STR got way to trendy) and locals tend to hate them so additional LTR units will be welcomed. 

With saturation hitting the market, creativity is imperative for MTR units.

We are a group of investors with deep pockets and a saturated local market (Utah is after all the capital of Real Estate coaching).

With a saturated market it will also take longer than normal to rent.

Though I would say its a very saturated market nowadays I would consider something like as service based business if your goal is to get started with large cashflow 

However, with the market being saturated, there might be opportunities to negotiate better deals on properties that could be suitable for long-term rentals, which typically offer more consistent cash flow throughout the year.As for seller financing, its a powerful tool, especially if you are looking to keep your personal finances separate.

Surprised Pigeon Forge and Gatlinburg is not on this list.Places like Joshua Tree are popular but also very saturated. 

Too many people jumped in to the STR market when it was near its peak in 2021-2022 causing many places to be saturated.  

In Florida, coastal areas tend to offer the best opportunities for STRs, especially given the saturation in the theme park areas of Central Florida but I'll let the full time operators chime in.

The caveat is that the market has gotten so saturated that your property REALLY needs to stand out and the upfront cost you need to get started is much higher than anywhere else in the country.