•Use business credit or 0% interest credit cards strategically—just be careful with repayment timelines.Next StepsThe biggest thing you can do right now is surround yourself with experienced investors, agents, and lenders who have done what you’re trying to do.

One of the biggest challenges today is the reluctance of homeowners to sell, which limits the available inventory.

My biggest question when I was researching all the programs was "If these people are so successful at what they do, why are they charging so much for all of this and always trying to upsell?" 

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I have five houses in Memphis area, and the biggest problem has been finding a good property management company. 

That property looks fantastic actually, I think sorting out the budget would be our biggest challenge.

Many of also argued that forcing out many STR's will impact our tourism revenues, which we're very dependent on, as many travelers won't come here if they have to stay in a hotel.

You spend a giant pile of money before you make a dime of revenue.

Also, my biggest question on the IRRRL is does the IRRRL just lower to whatever the current market rates are?

The PM company needs that information to complete your annual 1099 and their 1096 to report the gross rental revenues received on your behalf.