I’d recommend steering away from condos due to high HOA fees, which can eat into returns.

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

The last two investment properties I have purchased was for cash, so I must have made the absentee high equity owner list.

It would be $1.1m, and according to AirDNA it would run -$40k/yr as an STR, and while local rent rates are high it would still run about -$2500k/m.It is such a cool and unique property I hate to let it go and would love to find a creative use for it that could at least carry itself (approx $6k/m+).

Any success in the real estate market within Monmouth county NJ?
I’m trying to utilize 1% rule and it’s tough with current market 

This modern home is part of Griffin Modern's mission to create affordable, high-quality residences within walking distance of downtown Griffin.

What is the best way to find good general contractors (reasonably priced, delivers on time, committed to quality) ?

I have owned iand self managed all for 8 years.As for point 1, I agree there is a higher demand for Gatlinburg, but it isn't that high to be called ground zero.

Quote from @Zachary Deal: A lot of investors utilize the BRRRR strategy in those markets as there is relatively high rents compared to the value of the properties!  

If you have a lot of liquid cash + high credit score, it could be beneficial to use a loan (to keep yourself liquid) and then repay quickly.