Hey @Renee CossGreat that you caught the STR restriction before starting construction! 

'Your best bet is to wholesale for now- you find a super good deal (how are the yellow letters coming?)  

My goal is to build a business that serves corporate clients; construction and infrastructure development teams,  medical/education faculty,  corporate relocation,  family emergency relocation services,  sports travel/events, corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

Don't bet on passive appreciation, just forced appreciation.

Your story caught my eye...I started out studying architecture and quickly shifted to construction engineering as I was a bit more analytical than I was creative at the time. 

We do ground up construction of 3-4 units in the urban core of Columbus for investors all over the country. 

These types of exchanges are great for purchasing new construction.

One way to do this is with brand new construction.

I also own lots in the Sevierville/Smoky Mountains area and am looking to start construction on those soon.