Or just stabilize by getting the proper tenants?

It sounds like you're looking to balance immediate cash flow with long-term equity growth, which is a solid strategy.A few ideas to consider:Local Networking: Connect with other investors in your area or in Milwaukee who might have deals they can't take on themselves.

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

Without proper planning, house hacking can become a financial strain.DM me for further questions or assistance if needed.

If it is for liability protection, keep in mind to actually limit your liability means that any loans and insurance for the property need to properly be in the name of the LLC and not your personally.

Gatlinburg and Pigeon Forge are both extremely strong right now , with most people overpaying in the years that you mentioned and simply not KNOWING OR CARING  how to properly run a top notch Air BNB. 

@Mary LopezThere are second tier lenders out there (non-banks) that will do small balance commercial. 

You'd need to come up with the seller's equity (the difference between the loan balance and the sales price). 

Hey @Steve Johnson, I found your website but it does not explicitly mention HVAC and I actually was about to ask on the forum if anyone had a recommendation for a furnace repair job... not a big job, one unit in a duplex not working properly.

Prices did seem better than DFW, but about 5 years ago when it was on my radar, I never found an area where I thought there was good balance.