Ideally, I would like to buy in the Catskills since it’s close by, a popular year round destination from the city and has a history of vacation rentals but I know there’s more and more talks of regulations so I am open to other areas and would love to hear your thoughts/experience on the area.Would love to connect with anyone who has interest in the area and the short term world as well as agents familiar with STR who could help us in our search.

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

Especially since you came from a HCOL state as well. 

I would love to hear more.Currently building out our team, with close to 700 units across the South side - and growing! 

My idea is to form an LLC with my partner to qualify for a 100k business LOC with our credit scores (both 700+), our DTI ration, as well as my equity.

@Dave Naphy- yes - you can use a HELOC for  down payment funds ...make sure you tell your lender your plans so that they can factor in the accurate HELOC payment information into your qualification ratios .....some lenders  will use the actual heloc payment and some lenders will use a percentage of the line amount so make sure 

My team sees deals all the time, so if you are looking to invest, let me know :)

Market on Facebook/craigslist/etc.. as well as local meetup groups for real estate investors.

Well, they want to redeploy the capital so having them kept with a third party negates that purpose.

Also, I have posted many times, do not do business without a trusted team.