8 Bedroom Cabin in the Smokies?

[Abe DeHart]

Hello! My wife and I own 20 LTR units in OK, WY. Following Avery's excellent STR episode, we decided to try something new and venture into an STR in the smokies. We decided to use our VA loan to purchase initially and plan to occupy a cabin there as our primary residence for a year. I'm a consultant and am on the road (in the air) every week, so we are not locationally tied. My wife is getting out of the army this year, and it will be a great spot to recharge prior to renting it as an STR in late 2021.

We currently have an 8 bed/7bath 4,500 sqft cabin under contract with beautiful views in Wears Valley.  As I’ve read through the forums, it seems like most self-managers here have 2-3 bedroom cabins in the smokies. As I look on AirBnB, there are not a lot of properties with 8 bedrooms listed. Do any of you have larger cabins like this? How do they rent? Any concern that we are pricing ourself out of the market with a colossal cabin that only a small portion of renters would look at? Thanks for any insight!

- Abe