I would suggest looking closer to places like Freeport (LL Bean alone attracts a lot of folks), Portland (where the Old Port is always going plus the added benefit of renting to people coming in or going out on the airline), and near Kittery (near the Naval Base where again folks coming in and out will tend to stay) if you are wanting year round high occupancy.  

DSCR products qualify you based on the property itself cash flowing.

Then I have the option to engage the attorney to appeal the tax and only pay if they succeed to reduce the assessment based on a percentage of the reduction.

I am a Tampa based RE Broker that specializes in STR investor acquisitions and also co-own a PM Company. 

@Dan Heuschele brought up that there are property tax cap increases in certain states (California being one of them) - this is why people in California who have owned a long time might be paying $2000 a year property tax on a home they bought for $70,000 ($70,000 was the base assessment value and property tax only goes up 2% year) now worth $1.5 million.

Remember the % is based on the principle.

Based on my experience, most illegal immigrants are hard workers and pay their rent.

Over improving a home based on the neighborhood doesn't help us either. 

I look to develop relationships with my bankers and go from there but understand they are not the most flexible people based on the law and regulations. 

Memphis has a very strong rental base with additional growth potential in the coming year.