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

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That is an interesting strategy.

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.

Hey Jack, There are two types of loans investors use in their BRRRR strategy. 1.

It applies to STR in the same way.Is anyone here adjusting their investment strategy because of this?

Direct communication with the builder has been the most effective method in my experience.

We have used every strategy, technique and tactic that the gurus teach as their own.  

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Investing in out-of-state properties can be a great strategy if approached thoughtfully.