It's actually the best strategy in the Nashville area if you can build an HPR yourself and own both, STR the other side. 

As a side note, my wife and I work full time and are looking at strategies that are less time intensive.

By the time they research and go down all the rabbit holes of different strategies, never sticking to one in order to gain traction, they get exhausted, throw their hands up and never take any real substantive action.Pick something and go with it, all the way to its conclusion.  

I like your strategy of AirBB’ing the rooms.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

It is interesting, but I can't comment on this strategy.

Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.

Welcome, Don - Are you interested in any particular strategy?

Hi Ryan --- I am a co-host in Dallas, TX and use MTR strategy to maximize revenue for me and other investors.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.