Alex:  Most of my clients start seriously shopping for the replacement property about the time they have a PSA on the relinquished property or perhaps after the earnest money goes hard on the replacement property. 

Then 85254, which is further north and close to the TPC Scottsdale (home of the Phoenix Open) and shopping like Kierland Commons and Scottsdale Quarter.There is also a Facebook group for Scottsdale STR operators, which a few of my clients find helpful.Let me know if I can answer any questions for you.Melanie

LTRs are usually a 'safer' play, particularly if this is your first real estate investment property.

(Or keep shopping?)

I love to talk shop about rentals, hard money loans, notes, deals and sweat equity (preferably very little sweat but more effective planning.)

I would shop other lenders?

I think The Short Term Shop has a video series specifically on STR Legislation in Branson on Youtube as well.

Research crime rates and choose areas with a good reputation.Amenities: Look for areas with access to amenities such as grocery stores, coffee shops, gyms, and entertainment options.

I end up shopping around.

I now have the luxury of shopping a commercial loan at my own pace.