Specifically:Share your experiences investing in Knoxville.Recommend resources or tools for market analysis.Help me find off-market properties, turnkey rentals, or connect with wholesalers.I’m eager to learn from this community and collaborate with like-minded individuals familiar with the Knoxville market.

A duplex, triplex, or fourplex is ideal because the more units, the more financing options banks may offer.

Hoping we get the 100% back but reasonable to still get the 40%.also, can an individual/LLC have more than 1 property per year that they can do the bonus depreciation on?

That will be up to the facts of your individual case.

Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.

You are still far off better doing them individually, as many of these lenders may not allow for a partial release. 

How do you price out an individual room vs the entire house?

The Plus subscription would allow you to keep track of each property/project and produce reports for them individually in addition to keeping track of the entire business as a whole.  

I'd go for the best location, ideally, but without a strong compromise on your funds.

If financing is part of your strategy, consider exploring fix-and-flip loans, which are tailored to help investors like you fund both the purchase and the rehab of properties.Lastly, start small with your first project, ideally in a neighborhood where you understand the market dynamics.