Without the upside of a good neighborhood and/or quality property, I don't love it. 

If you want to maintain anonymity for your TN rental properties, I recommend using a TN Series LLC that is member-managed by a WY LLC.

Many private and hard money lenders will refinance your investment property if the numbers make sense.

You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.

Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

The property or properties will be in Florida and/or Alabama.

@Tony Pellettieri Interested deferred second position notes at 15% leveraging the properties at no more than 70% of the current value for 24 -36 months on properties you plan to sell during that time.

Have you bought commercial multi out-of-state before?

Connecting with local investors or agents experienced in VA loan-friendly multifamily properties can also help.Good luck!

The property was listed in the MLS by a local agent who was also the owner.