For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now have a private money lending business (licensed NC re broker).

It’s exciting to hear you’re diving into real estate investing and involving your daughter in the process — house hacking a small multifamily is a great way to start.

After about 10 minutes of digging, we found out that this applicant was applying with fraudulent information.

My background involves social work & non-profit management before getting into real estate.

Have you considered refinancing your STR to pull out cash to apply to a purchase in/around UTK?

No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I only sold a few amount of properties but the values of the homes have increased.The government is making less affordable homes(Impacts supply)A lot of the points you suggested such as selling costs and having to rehab the property before sale apply to both cheap homes and expensive homes

These have a much higher CoC ranging from 18-30% depending on how involved you are, the property specific and its execution from a design/amenity standpoint to management.  

I am looking to buy a new property and am running into issues getting qualified for conventional loaning due to high DTI. I have a rental property which cash flows, however on my last tax return I had reported the reh...

My name is Jared Smith and I have been involved in various real estate investments since 2006 when we did our first flip in the PNW all on a CC!