My method has always been to call every listing that hit 90 days on market in areas that I want to buy.

They are not buy and hold forever type properties. 

We are considering stepping in and trying to buy the place, but looking for some guidance on STR and what kind of money this place can bring in. 

Probably 50% off of the "Setup Fee" so long as you buy their grossly overpriced furniture through them.

Investment Info:Single-family residence buy & hold investment.

AND there aren't many note buyers who will buy notes with large balances in the range you mention. 

I'm in Chesterfield as well, looking to buy.   

Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.

I can't buy gas with a percentage.

Future land appreciation in this area might outweigh any tax benefits from buying in other areas, with a better (tax-wise) ratio.Before pursuing your plan, talk to a real estate accountant to figure out if you can, in fact, benefit from cost segregation.