A lot of out of state investors reap the upside potential of the Nashville market (and protect themselves from some of the downside) by investing in the high-growth (yet moderately priced) secondary markets near Nashville (i.e.

I saw the pitch and know the area. 

I don’t market in your territory, but the same applies to any market.

we have around $200k in cash and looking to invest in the US (we're Canadian) a bit lost any advice would be appreciated. 

I use Quickbooks online for the formal accounting so it's easy for my tax guy to get in there and do his piece every year, since I have an LLC per building.

The loan has an expected 11% interest rate over a period of 15 months.

@Patti RobertsonI am more concerned about the reaction of the seller than that of the buyer.

My situation: I have an FHA loan at about 5.5% and my understanding is that it usually makes sense to refi once rates are about .5% lower than your existing rate, which means I may need another .75 to 1% decrease in the rate.

I'm new here and I'm planning to invest in STR in the USA.

Got proper permits, re-did all the work, and and was still able to sell the property for a profit.