@Jay Hinrichs   We have been having a major shortage of construction workers of ALL types in all of Texas so the carpet baggers will have to come from out of state.

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You absolutely need a good attorney on any type of deal like this.

I'm noticing that not all the big investment corporations handle these types of investment vehicles.

Depends on type of loan.Finally- I was also told the minimum I would need to put down is 20% - 25%?

I know what types of sellers I'm looking for I just need help getting to them.

The latter, well, everyone has opinions because it's highly variable on personal preferences and dependent on location and type of STR.What do you want to know? 

As I'm working on my cash buyers list, I started reaching out to "we buy houses" type websites in my area, Connecticut, and came across one interesting site that sells leads.

Is that the type of tenant you will go after or will you target another type?

I suppose I can be more transparent, the industry is more of a hospitality/service type.