To boost income, consider mid-term rentals (travel nurses, corporate stays), renting by the room, or adding value with minor renovations.

Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.

Looking at this property as a long term rental strategy.

The right message to the right audience.Then marketing is all about value.Unless we know what exactly it is who you are targeting, it will be hard to help.Short-term rentals?

Between it  and chain, both last a long time and require little maintenance, but the vinyl looks so much better and is more functional by blocking visibility. 

Finally, be prepared for long timelines and budget flexibility due to the permitting and approval process.Good luck as you grow your portfolio!

You want to make sure that the developer can perform and that the type of development proposed is needed in the market and that the neighbors don't oppose the project.

., short-term rentals or onsite management), SBA loans might allow for a lower down payment.Local or Credit Union Lenders – Sometimes, local banks or credit unions are more flexible on down payments if the deal is strong.I’ve been involved in multifamily deals and underwriting similar properties, and this one seems promising—especially with the assumable loan at that rate.

I am seeing a trend in CA that ADU construction is more cost effective (per unit) than buying on the market by a long shot.

From what you’ve described, it sounds like you’re more focused on long-term appreciation and future benefits rather than immediate cash flow.