But for someone thinking about scaling and possibly repeating the strategy in multiple markets.. say, Austin or San Antonio-going the investment property route might provide more long-term flexibility.Have you noticed lenders trending toward stricter definitions of “second homes” versus investment properties?

I could definitely use a system for my flipping operation, doing about ten per year while working a full-time job "on the side". 

My life has definitely changed over this.

The house is definitely on discount because of it, almost worth it to go through the trouble if the number makes sense. 

You definitely have a leak somewhere and need to find it ASAP!!  

If you're looking to build a solid, long-term portfolio, Memphis is definitely worth considering!

But there's definitely a sizable area where the structural engineer will say it fails but the structure won't.

It's a 4 bedroom 4 bathroom house in a Auburn AL which is definitely a college town (though I do not refer to it as a student rental).

I will definitely look into that.

Besides we're hospitality people, not selling property or leasing it long term, and somewhere along the line a few states got their definitions very very mixed up!