Quote from @John Williams: You just picked a new market to invest in.

When I shop for new vendors, I pick who I like the most and has the best reputation, not who bids the cheapest.

.- Rules prohibiting guests from using lakes for recreational activities.I want to better understand if operating an STR in this region is feasible, particularly with these restrictions.

I'm going to start reaching out soon to a friend of a family member who owns a local PM group with roughly 1000 doors for lower income, just to pick his brain, but I can envision a scenario where if I needed to partner with someone to get my first deal and gain some creditability and experience, he may be willing to assist.

At the end of the day, mentors matter…especially if you pick the right one!

If you chose to go out of state, then I would be sure to pick quality locations (B class or better).

This just have to pick a market with a draw and being renovated.  

Yes, we need to treat it like a business; however, when renting out a room in your personal home, you're essentially picking a roommate.

Although not everyone, they pick and choose who they charge what to.

We gave him 56k in deposits and he will not even pick up his phone or engage in a conversation.