Look at true, regional, drivable vacation markets instead with established STR presence 

Sanjeev Advani, a beacon for professionals and investors alike within these industries, offers a deep dive into strategies that promise not just survival but prosperity in these competitive fields.Navigating Real Estate with AcumenThe real estate market, with its cyclical nature and regional nuances, requires a keen eye and a forward-thinking mindset.

I see the chart but it doesn't have Reno on it and you don't mention any numbers for Reno to compare with that chart.This is National macro data comparing regions.

hot tubs in that area i would not imagine are THAT big of a necessity. they are going to be more of a non-negotiable in mountainous/woodsy/lakes regions, like in the smokies you really need to have one... however, the maintenance and headaches are notable when you have a hot tub at a STR. really only do it if you absolutely have to. when you ran the #s with that software, i wonder if the properties that do have hot tubs, also had other amenities that were driving the ADR up, and that's what you were seeing. know what i mean?

3) Any other differences in property taxes, tenant laws (I will be doing my due diligence here thoroughly as well), and investment sentiment between the two regions?

Personally I’m building a 3/2 1200 sq ft in Durham we plan to sell near the regional hospital at 425k which would be a good rental(mid or short).

They could, however, cost more up front than house hacking a single family home.Look into local programs in your region, speak with lenders, and utilize internet tools to locate down payment aid programs.

I really like the areas of Huntsville and nearby such as:  Guntersville, Athens, Albertville, Muscle Shoals and want to purchase my next property in this region. 

Would national/regional tenants be open to this?

Are you using big brokers or regional?