Additionally, the rental market in Seattle can be competitive, with seasonal fluctuations affecting short-term rental demand.

Hi,I'm trying to invest into short-term rental in Savannah, GA.

Details below:-This would be our primary residence, not an investment property (but it does have optionality via an ADU setup)-The seller is interested in selling and relocating out of state in 2 years when they retire-We have a primary home (that has been a cashflowing rental) in the same town.

Normally we brag about this stuff in the description but because I didnt write every detail in the disclosure they are trying to turn this into a non-disclosure issue.Until attorney files for a discovery we wont know the exact details of the complaint of what has happened in the house since we sold it.

The rest will be leased.How do I determine and analyze a potential location for this development in terms of potential lease rates, vacancy rates, potential area growth, post construction value, etc?

And if you need to rent in short term, that's fine too.  

Thank you for the advice Caleb, I'll email the agent to see if I can get some of the details.

That will help determine if Short term capital gain (ordinary income) or Longterm capital gains.  

The private investors form an LLC and get standard loan terms in a promissory note without equity or profit sharing. 

I’m happy to share more detail about my experience as an investor and an agent.