What interested you in that market?

You would need to choose between what is more important.... owning the listing or owning a STR that is dominating the market it's located in, by maximizing the tools available to manage the property.

Of course i am partial to exchanging into the midwest like the KC market but everyone has their own strategy.

Clark-Fulton seems to be a very profitable market.

However, the outline below is fairly standard across most business plans.Executive Summary (Objective, mission, keys to success, etc.)Company Summary (Goals, operations, ownership & personnel experience, etc.)Market Analysis & Strategy (Approach for finding deals, investment strategy, etc.)Financial Plan (Startup costs, leverage, reserves, etc.)Exit Strategy (Timeline or milestones for exiting or refinancing investments)

Welcome to BiggerPockets - Huntsville seems like a great market for rentals

@Mike FarrIf you are going to spend 100's of thousands of dollars on an investment property it's definitely worth spending a few hundred dollars to make sure the title isn't clouded and you get clear and marketable title at closing.

I lived here for 4 years and now I am looking for learn more about the housing market and renting market.

The other unit is occupied by a tenant that has been there for years and is paying 150% or more less than market rates for rent.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.