We require co-signer to be local and a real estate owner, so that in case of default we can lien their real estate.

Getting involved in local CARPOA, LIMG Hbg, or REI York are great resources.

I then check to see if there are any local laws that limit the number of STR rentals in the municipality.

Also make sure you research any local government / municipal STR restrictions.

You have 3 options:1) Look locally for Class C & D rentals - but be forewarned, you need to know pros & cons!

I would do the usual things like attend a local REIA to network. 

@Bruce Woodruff it's a free country, so you can do anything you want.On the other hand, many people jump to conclusions without all the facts and often don't process facts correctly.My manager's brother-in-law belongs to a very exclusive country club - they've host PGA events regularly.They approached our management company about potential rentals that their DOCUMENTED temporary H-1B visa workers could use - with multiple workers staying in the property for the  summer.We couldn't find an owner willing to agree to a short-term lease at an acceptable price.So, how accurate are your assumptions with the limited data posted?

I had tried to set her up with free rent that she qualified for through various local charity programs for single mothers and everything but she never even completed the applications then I had to evict her.

I suggest that you try to invest locally.

Talk to the county taxing authority and a local real estate attorney/professional.