Rentals in Knoxville and Surrounding Areas?

[Brian Grubb]

Hello,

I have recently moved to Clinton, Tn (just outside of Knoxville).  I still own a couple of rentals in KY, but hadn't really been that involved in real estate investing.  I have begang researching and believe that buy and hold is the route I prefer.  Can anyone give me a little guidance to the current state of the rental market around Knoxville, preferably close to Clinton?

Thanks,

Brian

[Brendan J.]

Ben, just a heads up....you keeping using "LTV" but I'm certain you really mean ARV. Completely different terms and things like this will hurt you when you're trying to build relationships with the bankers you're talking about.

ARV is "after repair value", which is what you're talking about. LTV is "loan to value" which is a ratio referring to the financed portion in comparison to the property's worth.

Again, just a friendly FYI.