I'm not interested in secondary market loans as they're a totally different animal.

What interested you in that market?

Now I'm being told that the interest rate is more realistically going to be 7.125-7.6%, which makes the purchase significantly less desirable.So my question: Is 7.125% market rate or is this something I should be looking into?

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.

Clark-Fulton seems to be a very profitable market.

I don't have anything in this particular market, but glad there are people like you that do.

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

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

@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.