Hey Alfonso - We have had some good experiences shifting our STR's to mid term which we have done the last couple of months just with a more saturated STR market.

In the end, the choice should be in line with your preferences and financial goals.

I'd love to hear what you find out and then maybe give you a couple thoughts about your question.  

There are also a couple of groups in NWA if you don't mind the drive.

I would prefer the lending institution be in Louisiana but any suggestions of non-recourse loan banks with a SDIRA custodian outside Louisiana would also be considered.Thank you in advance for any assistance,Brad Tarry

We all make the same claims. ie: “premium service”, “hand-picked homes”, homeowner-friendly onboarding”, “leading industry technology”, “24/7 communication or local support”, “maintenance programs”, “hotel quality linen program”, “preferred vendors” … blah blah blah I sell within what I would consider a “traditional” vacation rental market. ie - your vacation rental is likely not in danger of being put out of business by the local government… an example close to home for me - The City of Dallas’s recent STR Ban.

I recently toured TN for a couple weeks, was a "deep-dive tour" and Franklin was one of our target tour's, not for investing but for residence.

There are a couple of recent threads about Jax that contain some valuable information.  

Hey @Jason Gass, there are a couple of different loan options like DSCR loans or bank statement loans that could help you qualify.

Find couple of contractors and have them walk the property with you to give you a rough estimate