If you can invest locally, I'd recommend doing that before investing out of state.

Seems to me my “permanent note portfolio is basically a passive investment, while my variable note portfolio is somewhere between business and investment.  

I have even seen it in selling businesses. 

Many local businesses that operate in the downtown area by the state park (including some famous attractions) close for the winter or reduce hours.

I did a mix of hard money loan and 0% business credit cards.

I have a passion for entrepreneurial ventures and my goal is to venture into real estate purchasing 3 properties over the next 6 years and launch a property management business at that 6 year mark.

Thanks for the replying @Shiloh Lundahl, here’s what I’m looking for: good areas to invest, good resources to find properties, general information about the buying process, any realtors and other locals that can help, and expected returns in the area for STR.

Hi, I’m Drew, the owner of your local PMI franchise, PMI Two Rivers, here in Nashville.

The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out? 

Follow the local licensing and disclosure laws.