Closer to the city would be good and Upstate NY too.

Connecticut is known for its strong rental market, especially in areas like Fairfield County, and offers proximity to New York City.

Hey mate,Thick skin is needed on this forum and in business in general 🤷‍♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do. 

I'm trying to evaluate the city of Huntsville, Madison, Harvest, Owens Cross Roads, Meridianville, New Market, Hazel Green and Toney.For anyone that has experience investing in these areas, I'd appreciate your insight on the following:- What areas have the highest tenant demand and why?

Plus, when done correctly, you as the KP can capture the ALL the Fed investment Tax Credits (ITC) plus the  State, MARCS, and Cost Seg Depreciation to massively offset your High W2 / 1099 Income - I wrote a book specifically for people like you and your wife to address your concerns. 

I'm not aware of a state to state effect on the STR Loophole, several clients have utilized purchasing in Oregon with us from out of State.

Reason being when I realtor does anything paperwork is signed by the owner and recorded in most states this is a law.

This area is notably affordable compared to others in the city, with property values experiencing significant appreciation—increasing by 100% over the past 7 years.

Qualified home energy raters/assessors must be trained and certified as one of the following:Building Performance Institute Building Analyst ProfessionalBuilding Performance Institute Home Energy Professional Energy AuditorResidential Energy Services Network Home Energy Rater; orenergy rater, assessor or auditor who meets local or state jurisdictional requirements for conducting residential energy audits or assessments, including training, certification, licensure, and insurance requirements.How Much of an Energy Package can Be Financed?

Quote from @Tim Robbins: Talk to the city.