You can also check with a local independent insurance agent to see if any carriers that might not have been mentioned have a short term rental endorsement that they can add to a standard landlord policy (Travelers does in the states I write in). 

I know more about Phoenix living locally but I hear good things about NC especially from east coast investors.

All are being used as LTR and managed by local PM. 

Structuring the deal properly (like through a land trust) can reduce this risk.Your best bet is to connect with an Illinois investor who has successfully done sub-to deals or find a local real estate attorney who specializes in creative finance.

You can also PM me and I'll get you connected with a local RE Attorney here in Houston I recommend! 

I'm with @Huong Luu but would add join a local REIA and find some PMLs they are always hanging out at meetings.

I own a unit at a local condominium complex and am having issues with timely response from the HOA. 

We have continued to work with Teresa Fernandez the local go to real estate agent in Coalinga CA.

We have had work crews from a local lab and solar farm (separate bookings, obviously) for 3-8 weeks that rent the whole house in the offseason.

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.