Has anyone done this in Chattanooga?

And what a great acquisition price in Fair Oaks! 

Where in the Hudson Valley?

I now sell STRs in FL.  

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

They designated certain streets not for STRs and others for STRs.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

@Patrick Shep Look for it in the App Store in the next 24-48 hours. 

If you close with a conventional loan, it will need to be in your personal name.

It can be personally designed post cards or it can be letters.