I have a STR that I've owned for 3 years in the Orlando market.

I'd recommend a minimum fee like 10% and you charge interest and points that are equivalent to market conditions, you also get the first guaranteed 20% profit as the only capital partner. make sure to take title in a single purpose entity and dissolve it after you build.

The market in the area seems pretty competitive with some nice apartments costing around 2,000 for rent so I am considering renting it out for cheaper maybe 1.8/1.9 so it doesn’t sit too long on the market.

I am a newbie and looking to eventually get into the Birmingham market.  

It's a great place to meet some locals with intimate knowledge of the Youngstown market.

One of the worst housing markets in the country, 27% of homes still severely underwater nearly a decade after the last financial crisis.

Consider markets like King's Mountain and Jacksonville, which offer the potential for appreciation and rental demand.

Should I be looking elsewhere if nothing on the market in my area cashflows at 7%?

You can post on Zillow yourself and you will have to show it or you can hire a realtor and they will show the property for you as well as do further marketing.

However you are familiar with the AK market, local contacts, etc.