I'm curious to connect with any other STR/ MTR owners in that area to get more info on resources that are in the area and what challenges/ successes you have had there. 

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

The #1 resource for me has been other investors. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

If you can't find a resource, you may need to work a few like-kind sales backwards using the gross income or NOI (if given).At that point, you have what you need to determine the market value using the value formula of Value = NOI/Cap Rate.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I always suggest that for new investors, as their is a wealth of information and resources there. 

Build your knowledge with books, podcasts, and online resources, and network through local REIA meetings and virtual platforms.

Any must-have tools or resources?

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.Great to meet you @Christopher Jennings - I see that Pat has already commented, she's a fantastic resource to have in your new backyard.