I personally like Alabama and Tennessee a lot, depending on what specific area you're looking at.Look for Class B or C properties in stable rental markets, particularly single-family homes or duplexes.

Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

Look for some of those to go in as an LP (limited partner) and learn and grow your knowledge, skills and investment money so you'll be ready for the next accredited deal. 

Personal loan for renovations How did you add value to the deal?

@Randy Person Do you have any recommendations for Property managers in Greene County?

Will this be a good investment time and money wise?

I have a salt water hot tub at my personal home.

Quote from @Katie Accashian: I am looking to take money from my retirement that I accumulated from my previous employer and move it into a self directed IRA to buy a real estate investment.

If they do, your best bet is a local community bank that funds these types of properties.Another option is a private lender but that money will be pretty expensive, as mentioned 10%  + 

I would rather do this and retain my money then give it to the bank as interest.