Im assuming you're looking at the Gray Bear/ East Bear Lake properties, the main homes are able to STR but not the ADUs. 

Thus, I would recommend instead considering a border area, within 45 minutes or so of Asheville, such as Mars Hill, Waynesville, Alexander, Weaverville, Black Mountain, Lake Lure, Brevard, Pisgah Forest, etc.

No great schools surrounded by bad ones, no river or lake front homes, no projects of new homes surrounded by older homes, no universities or premier medical centers.

Also, check out the Lake Erie Landlord Association, which is a group of over 300 local landlords. 

Hi Tracie,I live in the Salt Lake market which I'm sure is similar to the Denver area.  

There are deals on the MLS you just need to be on top of things every day, I helped a Bigger Pockets member buy a property on Lake Norman last November for potential short-term rental.

First Republic - CAFremont Bank- CAFrost Bank - TXFulton Bank, PA, NJGFA Federal Credit Union 10 yr draw, 10 yr repay, MA, NHGranite State CU, NH 90-100%Great Lakes Credit Union, Chicago area ILGTE Financial, Tampa, Sarasota area FL w 2 yrs tax history on propertyHanscom FCU, TXHSBC 70%, for premier clients only.

I have a fairly large lot currently holding a single family home located in Salt Lake City.

Appreciation is not near as high as other areas (I bought a Bonita Springs Florida 2 bedroom home in December of 2020 and sold in April of 2021 and made $95k, I did no work simply appreciation), ( I also bought a lakefront Lake of Ozarks home that I airbnb and make about $1000 a month true profit and it has appreciated over $100k in less than 2 years)The city of Chicago also has laws and restrictions and building code issues that frankly suck for home owners and investors, you will be in for a lot or red tape if you buy IN the city or the wrong suburb. 

Our home is in a prime location within 1/8th mile of a lake.