I recently spent 80 hours like @Lucas Carl recommended, gathering information.I called local municipalities to confirm local areas were accepting or rejecting short term rentals. 

Here's a very small pros and cons list I've made for the area:Pros:Potential for Appreciation: Rapid growth and development can lead to property value increases.Stable Rental Demand: Proximity to Raleigh and economic opportunities ensure a steady stream of potential renters.Desirable Location: Good schools, amenities, and quality of life attract families and professionals.Cons:Market Competition: Increased demand can lead to higher property prices and competition among buyers.Out-of-State Management: Managing a property remotely can be challenging without a trustworthy local team.Economic Dependence: The area’s growth is closely tied to the economic health of Raleigh and the Research Triangle.

I personally would give all of my complaints and responses to prospective tenants, but whether that would protect you from liability I have no idea.might want to contact your local newspaper about the lack of city response. 

A great way to network and meet people in your local community is to attend in person meet ups.

Ryan, first find out what your local city ordinances are in regards to short term rentals. 

Start attending local meetups to learn more about your market.

Yeah at the time I was a foreman on a construction crew for a local contractor/my beat friend and mentor, so I had a truck full of all the tools, access to leftover materiels needed as well as a significant amount of experience so yes I personally added a second bathroom and as far as the 5th bedroom goes, it was just a matter of putting a door on the "living room".

There are also a few local investor groups you should go to- one in Merrillville and one in Highland.

Jacksonville will only continue to grow..check in with @Joseph Chiofalo he's a excellent local lender excellent at educating first time investors.

I would recommend placing on extension and finding a local CPA with property knowledge.