Imagine you aren't able to make a phone call to get information and you need to physically go to where the person is to speak with them. 

In the near future, we’ll be visiting The Shoals area in northern Alabama, where we’re considering a potential move this spring.

During the peak season you have to make your money when the slow season is so much less.I do have events where the prices are expected to be high due to supply and demand.I do see some of the dynamic pricing days as being rediculous and your going to miss out on the early bookers looking for a fair price.

Where do you find "local" hard money lenders?

The "land basis" cannot be depreciated, so your depreciable portion will be lower than $350k.We typically consider $1 million in building basis as a rule of thumb where it makes sense to evaluate the potential benefits.

This is where you find the property and then you can sell it after.  

I did this another time where I was only making $600/month profit with a lot of equity in a rental. 

They have decent rental markets, and there are options where you could get in with a 20% down payment.

Do you know a scenario (except STR) where REP status can be gained while having a full time job? 

Where do you want to invest?