Just myself, and the title company that I use, Orange Coast Title.

@David RutledgeRealtor here who works with investors in both the STR and LTR markets.Consider my local area of Long Beach, CA.Most of LA and Orange County are STR-unfriendly but Long Beach just opened it’s regulations to allow non-owner occupied STRs.Aside from being a beach town in it’s own right, it is quickly becoming an aerospace hub.

I live in orange county, California where there is basically nothing under $1 million.

If anything people may be moving to Clermont to get away from Orange County property tax hikes.

Also, I'll add in that in Orange County (most of Orlando) the minimum length is 7 months, if it's within an HOA, they may have a 12 month minimum.

In the short term rental business there seems to be a wide range of different types of rentals that are apples to oranges, especially from a financial perspective.

A remodel sounds to be like lower hanging fruit.

We purchased the property because the 3rd bedroom is a daylight basement (3 story townhouse) with an ideal space on the top floor to add a 4th bedroom (seemed to be low hanging fruit for a future refinance).

Baldwin County has two main areas that I would look into:Daphne-Spanish Fort-Fairhope areas and the beach areas of Gulf Shores and Orange BeachThere are also multiple areas of Mobile that make for great appreciation plays:Spring Hill, 36608MidtownWest MobileSaraland is right outside of Mobile and is growing rapidly as well

I am located in the Charlotte area and would agree about the presence of our financial sector but also medical is a huge industry as well.If your outlook is 10 years then going with either option will prove fruitful.