Some preparer are afraid to share any information due to the fear you will take the information provided and self prepare and subsequently not get paid.

Prepare for Higher Down Payments: Be ready for potentially higher down payment requirements for investment properties compared to primary residences, often around 20-25%.6.

This is perfect if you’re using the BRRRR strategy and want to access equity sooner rather than later.Working with a lender that specializes in non-QM loans for foreign nationals can help you get favorable terms and streamline the process.

That was something I wasnt prepared for when i first got started. 

If you are reporting it on a schedule E (you are not taxed as a corporation or as a partnership in non-community property states) then no, there is nowhere on your tax return that shows your cost basis and your tax preparer likely doesn't know. 

In contrast, hard money lending usually comes from specialized lending firms or investors and focuses on the property's value rather than the borrower's creditworthiness, often featuring higher interest rates and shorter loan terms.

Nashville is a fantastic area for both, with strong rental demand and plenty of opportunities for single-family and multi-family investments.I specialize in DSCR loans (Debt Service Coverage Ratio), which could be a perfect fit for your buy-and-hold goals, especially if you're planning to grow your portfolio.

If you're planning on purchasing out of state in a high yield market, just be prepared to lose money on the 1st purchase.

@Stephen Williams I can help you get connected with a really good GC that specializes in investment proerties here in Memphis.

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.