thanks,LeviIf your lender will accept them, yes. 

The primary test used to determine whether an instrument is a security is the Howey Test, which originated from the Supreme Court case SEC v.

You will always, ALWAYS have to manage the manager UNLESS your a-ok sitting back and accepting whatever you get for a result, good or bad. 

I am told that it is more expensive for sellers to accept VA offers because of Termite inspections and repairs and many other costs.

@Sam Applegate We've had about 30% accept.

If the seller does not accept, then I give them the option to not take my counter offer.If I paid the "non-refundable" deposit and the seller walks, then I am out the money.

Any well-run NOO STR close to the nightlife/universities/sporting events does well, along with medium-term rentals for travel nurses, people giving Nashville a "test run", etc.

If you are very experienced, working with the listing agent can give you an edge in getting your offere accepted, but if you are not you really need someone on your side.Looking at your numbers, have you spoken with a lender yet.

I’m new to the note investing space and want to start off with buying a partial note to test the waters.

The unit that is not updated, I've already done significant upgrades like flooring, new trim, doors, appliances and current tenant accepted my increase to $850/MO.