@Suzanne Player, I suspect that can be buffed out of the surface.

Appfolio, Rentvine, Buildium are the 3 big players in the market.

Plus if you do not have a well established team to get your project finished up before the end of the summer selling season, you may not get the return you were expecting as holding costs and declining values are eating profits.Option 2 sounds like a safer bet, but yes you will have to cover some expenses and may have to carry the property with your own cash until rent prices appreciate enough over the years to cover your mortgage payments. 

Main factors were: Tourism growth, city growth (businesses and residents flooding to Nashville) - will ride the appreciation wave long term as the city rapidly grows and expands, and year round tourism - less seasonality.

I would ask your realtor for local property management referrals, they will be the best source of the top local players in your market3.

If you’re looking to take extra cash out generally this season requirements start at 90 days, some lenders are six months.

Both with small new investors and big players.  

We spend 6 months there in FL...usually in the snowbird season so we get the best of both worlds - mountains and beach!

@Matteo Girlando one thing to consider is find private money, make a cash purchase and let it season if your lender has any title seasoning requirements.

We are considering taking cash into our business to season for down payments on new properties.