Basically, more than a certain amount of STR and MTR in the same building were considered a hotel and I would have had to have 24/7 staff on site.Were you able to get around that with the local municipality?

Evan,  As a local broker, I’ve assisted many clients with the entity transfer process, often referred to as a "drop and swap."

I've also signed up for New Orleans REI meet ups in the upcoming weeks in hopes of making valuable connections in the local market. 

If it is your first investment, highly recommend investing locally unless you have people you can trust in those out of state markets. 

Favorable Legal Framework for Foreign InvestorsGermany offers a straightforward and investor-friendly property market, with laws that protect the rights of both local and international investors.

As for finding a contractor, asking local investors for recommendations is a great start.

There isn't much I can add here except for the local expertise of the Boise area and our sister company property management team get these inquires often from tenants - so we have seen many ways how not to inquire about it and a few good ways haha.

I drop them and use a competent local RE agent, who did a great job.   

To get familiar with the area, network through local real estate groups like AZREIA, connect with multifamily brokers, and explore neighborhoods firsthand to assess tenant demand. 

All you need are local vendors you know...with texting and internet, and good tenants.