Your best/safest bet would be a regular lease combined with an option to purchase.

Just like doubling down on a bet you could lose it all. 

I bet you would. 

Given your situation, a property closer to Nashville might be more advantageous for short-term rentals like Airbnb, as proximity to a popular city typically attracts more guests and higher rental income.

Hey Andrea,  We purchase a single family 2 br on the west side 5 min from the airport and a popular hospital.

Now they are priced such that rates must go lower in order for the deals to work, and I'm not convinced that reality will support that bet.3.

Even in those cases, it’s difficult to create a significant gap between the purchase price, rehab costs, and ARV (After Repair Value).Investing in today’s market is incredibly challenging, and I’ve found that the BRRRR strategy is one of the least effective approaches right now.Let’s keep in mind that BRRRR gained popularity before 2020.

I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.

I wouldn't bet my life on 50%, but I would bet they are more problematic than the typical long-term renter.

You might also look into learning about BRRRR (Buy, Rehab, Rent, Refinance, Repeat), a popular method for scaling a portfolio.Network Locally: Engaging with local investors and attending meetups in markets like Dallas or Fort Worth can provide insights and connections that are invaluable.You'll find that momentum grows quickly.