TN markets are still pretty free market so even if you do get cancelled there will be alternatives.

If you got a sight unseen, off market offer it could be a low baller.

I pull permits for removal of load bearing walls, addition of bathrooms or bedrooms, addition of footage.

we can do it not rented but rate will be significantly higher. easier and more cost effective to rent it. unless the bridge money needs to be paid back asap or you need the funds back to buy more, then a cost analysis needs to be done. personally id get it rented at market rent or a touch below if time is a factor. 

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

Excited to hear more about your projects and experiences.What markets are you focusing on for your flips and buy-and-holds?

You have to know the market and ARV.

My financial standing: Income - 130k W2 Credit Score: 690-710 (depending on when it's pulled)Debt: 330k VA Loan on primary residence, Car Loan $11k and no credit card or student loan debtCash: 30k Children/dependents: NoneI'm looking to be an out of state investor as my local market (Las Vegas, NV) is out of my price range and decided on Kokomo, Indiana to get a property around $100k-130k.

(assuming market does not crash etc).

I'm not too familiar with the markets yet but research I've done suggests that the towns of New Britain, New Haven and Hartford all have a good mix of inventory and low prices coupled with plenty of amenities, night life, cafes, etc and local colleges to bring younger people to the area year after year.