The biggest thing I would say is for you to come here and actually see the area and learn from others.

You should just get started; don't get into analysis paralysis trying to find the perfect strategy.The only downside here is that you will be doing a lot of moving, so make sure the family is on board, or else after the second move, you may be spending all your profits on a marriage counselor... just kidding.

I would say the three biggest reasons why people don't achieve financial freedom are: 1 fear of investing/losing money and will put it in something like a CD and be happy with 2-3%2 spending too much money on non-essentials like eating out, nice cars and primary housing.

The main downsides can be slightly higher rates and/or fees and a prepayment penalty.

I'm really bullish on Clarksville.It's the 5th biggest city in TN, is continuing to grow, has a decent sized university, and has a steady supply of renters due to to it's proximity to fort Campbell. 

I’ve done this with my first rental 25 years ago and they destroyed the house causing me to give up real estate for 20 years which was the biggest mistake ever and the only thing in my life I truly regret.

Down side the houses in this price range are older and possibly not in best neighborhoods, more repairs possibly harder to find good renters.2.

The biggest reason to go DSCR versus second home would likely be qualifications.

I live in miami florida now and I moved for larger scale developments here because of the net migration but columbus ohio the economics allow for that. existing inventory has been tougher and at the pricing inc columbus you may as well build new because you can build new less than replacement costs in a lot of the markets downtown. it's about being in adjacent downtown neighborhoods where property values and rents are higher. land values are the biggest driver of how well you can buy land to develop followed by permitted uses or rezoning applications. 

Would you buy many SFH's or would you by a few 2-4 unit MFH's or would you go for the big one and use all $500k as a down payment towards the biggest MFH you could find that you qualified for?