.#4 - Have someone local that you trust, go over zoom and get to ask them question.

To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.  

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

I like markets with diverse job drivers, and it is always helpful to have major corporations locally. 

The LLC isn't the important part, it's the operating agreement- you should defintiely hire an excellent and local attorney to do that for you.

I'm from Franklin, which is about 20 miles south of Nashville, and I'm very familiar with the Greater Nashville area growing up here.Feel free to reach out if you're interested in connecting and I'm happy to be a local resource.

Investing in Wisconsin and Illinois is a great move—both states offer solid opportunities for multifamily and single-family rentals.If you’re looking to connect with like-minded investors or agents, I’d recommend joining local real estate meetups or REIA groups in the areas you’re targeting.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.

Find and attend your local REI groups.