With 400K my initial thought is doing a BRRR/Flip that is close enough for you to be hands on.

I live in Asheville and am looking at STR in the Franklin area - agree with other posters that it's sort of between more desirable destinations, but also seems that the lower prices reflect that.

Fortunately, I just call the bank and tell the address of the property I am under contract on, and when I want to close. 

Prior to my clients' closings (rental properties in 2 states) in the last 6 months, I worked with IPX to prepare for DST investments.

By the end of 2 years, I could save 50-60k for a down payment, closing costs, and reserves. 

We tried to explain this to VRBO call center reps, but they can't offer anything other than telling us to lower prices to pre-Jan 6 rates. 

Our downtown isn't big, but each neighborhood has a different feel, and we have affordable suburbs if you want to be close but not IN the popular areas.

Roth IRA contributions can be withdrawn tax-free, but earnings may be subject to income tax and penalties unless the account has been held for five years and you're 59½ or older.Instead, consider rolling over your IRA into a solo 401(k) if you're self-employed, allowing you to borrow up to $50,000 or 50% of the account balance, whichever is lower.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.

The RedFin data shows a lot less "closed sales" (458) compared to Russell's info graphic (939.)