Although it can seem a bit intimidating, This shouldn't present any tremendous problems in this market.

Local and just starting out. 

We do it statewide in FL for 10% and include guest communications, marketing, pricing, and softwares/automations. 

@Tiana Lazard check with your local municipality, but unlikely you can claim homestead unless it is still your legal address - and you want tenants getting your mail.

We're an appreciation market, not as much of a cash flow market here, unless you're putting a large down payment or actively managing STR's.Buying out-of-state can get you more cash flow, but the tradeoff is less appreciation (usually), and cash flow can be eaten up by maintenance and expenses.

It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.

What makes something a "deal" today is not yester-markets.

In my market - new build duplexes dont cash flow well but are typically a great 5-10 year investment. 

We have final site compliance plans in Columbus Ohio for large development projects and the only people that can do them are either an architect or a civil engineer. an architect is more versatile but the real knowledge is a civil engineer but you need to be able to stamp it for accuracy and you are putting your professional experience on the line. it has nothing to do with zoning. civil engineers don't really help with zoning that would be done by an entitlement group or zoning attorney. degree is probably mandatory before you can become a professional engineer but yes there is incredible demand for those services in our market. for subdivision development as well this is amazing skillset to have.  

Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.