So, you need to know what the terms and conditions and time frames are for the private/HML lender when preparing to submit an offer.

Inside your 20, 820 and 635 loop you'll likely have to put 40% or so in the deal in order to cash flow positively.

Could you provide guidance on how to navigate this situation from both a tax and mortgage perspective so I won't have issues getting my next property?

It would be a very expensive pet in one of my rentals - so much so that the tenant would decide it wasn't worth it or go somewhere else. 

If this will be your first rental, I would probably wait a year or so after renting it before scaling into more properties, especially if you will be traveling.

I wouldn’t call myself “wealthy” by comparison standards, but I’ve made a lot of progress on net worth over the last 5 years.

So you're not completely anonymous.

With so much to learn and my eagerness to learn , it only makes sense to connect with others.

There is a lot of prime land in Tennessee, so I could see why it would be hard to pick one area.

Every lender has different criteria when it comes to seasoning periods, LTV limits, and DSCR requirements, so knowing those details upfront can help you structure your deals more effectively.Looking forward to seeing how your BRRRR journey unfolds.