We vacationed there and loved the area How did you find this deal and how did you negotiate it?

Moreover, Memphis has a supportive community for veterans, which could offer additional resources and networks to support your investment journey.Since you mentioned not wanting to handle property management yourself, there are reputable property management companies in Memphis that can handle those responsibilities, allowing you to enjoy the benefits of rental income without the day-to-day management tasks.Balancing the purchase of your primary residence with your investment goals is a prudent approach.

We vacationed there and loved the area How did you find this deal and how did you negotiate it?

HelloWe've had great success on our two SFH long term rental properties, and one of the parts that I really enjoy in this endeavor has been the deal analysis. 

This is a very small company just a few people, Susan the main support person may be on vacation or sick.   

Hi Ruth,For STR (Short-Term Rental), MTR (Mid-Term Rental), and second/vacation homes, DSCR Loans (Debt Service Coverage Ratio) are often the best option.

While many were clawing over the Smokies, Joshua Tree etc and saying that you should only invest in vacation destinations I was quietly investing in a midsize city and enjoy great occupancy 10.5-11 months of the year.

The relationships and people skills that I have developed over the 6 years in working in this profession would also be a benefit in this market your working to build those relationships with possible vacation renters.

I'm particularly passionate about Vacation Rentals.Outside of real estate, I enjoy traveling, working out, and cuddling with my puppy.Excited to learn and connect with you all!

Buy a duplex and rent out the extra bedrooms on your side and the unit you are not living in.If you do sell your condo, you are going to get more money for it if you vacate the tenant, and turn it