First SFR - Primary turned Rental

[Anthony Rushing]

Investment Info:

Single-family residence buy & hold investment in Nashville.

Purchase price: $189,000
Cash invested: $10,000

Past Primary Residence turned investment property. 1st one individually!

What made you interested in investing in this type of deal?

Ryan Stackhouse

How did you find this deal and how did you negotiate it?

It was my primary home, moved out & put in renter.

How did you finance this deal?

FHA Purchase

How did you add value to the deal?

New Flooring

What was the outcome?

Top of market pricing - top tier renter - 100% rent paid up front

Lessons learned? Challenges?

Provide more time to vet & interview people.