You just need to ensure no disqualified parties are involved in the transaction, and that the note is in conformance with state lending laws/disclosures.

Now, after many years, a drive to succeed, and working with a mentor, Clint has been involved with several flips and now has a portfolio of properties in Cleveland, Ohio."

I wasn't involved but it sounds like that dude misled a lot of out of state investors into buying houses in the hood that were supposed to be rehabbed and never were.

So there's no government involvement.

I think there's pros and cons to both, but to be clear in other scenario I want to lead or be actively involved in finding and managing the deal so I can begin to build up that muscle.

While I acknowledge that economic strength is just one facet of a good rental market, it is a major factor and I wanted to share what I've found (the details of my methodology and raw data can be found after the various rankings):Top 10 best economiesProvo-Orem, UTSalt Lake City, UTCharlotte-Concord-Gastonia, NC-SCChicago-Naperville-Elgin, IL-IN-WIDallas-Fort Worth-Arlington, TXKansas City, MO-KSLongview, TXLouisville/Jefferson County, KY-INSan Francisco-Oakland-Hayward, CABirmingham-Hoover, ALThere were two main factors to overall economic strength that I looked at – how diverse/broad the economy is and how many economic drivers (i.e. strength) the area has.

I am looking to get involved with some boots on the ground work in Atlanta.

I'm looking forward to getting involved in the BP community

FYI, Bushwick, Brooklyn NY is a very active rental market with increasing diversity of population ethnically and socioeconomically

@Kevin Coleman -Here are answers to your questions:1) Buying a short term rental vacation home here in the Orlando area doesn't involve any special requirements than in other states.2) You will need to use a lender licensed in Florida.