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Updated over 4 years ago on .

User Stats

507
Posts
347
Votes
Adam Johnson
  • Rental Property Investor
  • Holley, NY
347
Votes |
507
Posts

Commercial and multi-family investing in TN?

Adam Johnson
  • Rental Property Investor
  • Holley, NY
Posted

I am considering relocating to TN.  Haven't decided on an exact location yet, looking at northeast TN for now, but that may change.  I'm experienced in multi-family, mixed use, and mobile home park investments in NY.  We own/manage around 100 units currently.  For now, I'm just looking to get a general flavor for similar investments in northeastern TN.  

Questions I have to start:

  • How are the landlord/tenant laws to work with?
  • For a multi-family, what is a general range of cap rate?
  • Specific experiences/knowledge in mobile home parks (prefer 40+ units) in the area
  • Is appreciation a factor or are values steady but cash flow is king?
  • Any other thoughts/feedback that you might think would be helpful for my consideration

Thank you in advance!