Josh, we are entering a period where the FED has came out and said rates are coming down.Based on decades of data, during market cycles when interest rates are decreasing, asset prices rise.

With $15-20K liquid, focus on lower-cost Midwest markets where down payments stretch further. 

I think our modeling has adapted to market changes over the years, so we've stuck with Excel as we can easily change the parameters to keep it "fresh".

Nashville is such a great market to get started in! 

I would keep it at "reasonable market rent" (whatever that means).

Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

Hey @Ashley Kroft I love using Pricelabs feature of creating a comp set because you can really drill down to the finer details of what others are doing in the market, in your specific area.

What was your process to lock in on that market? 

The garage and the fact that a long term tenant was in place paying market rent.

I have looked at other coastal markets that are less expensive than Charleston proper.