Because of rising interest rates, returns have not been as strong on properties purchased 2020 to 2023That's true. 

While I am not in middle TN (I did used to live in Rutherford County, though), I am in the STR game and self manage.

I’ve been passionate about real estate investing for a few years now, but relatively new to the game.

Tried and true. 

I look forward to being part of this community to learn how to get back in the game.

I consider myself a true go getter, if there isn’t a way then make a way. 

Depending on repairs and updates, $40K could get you close to furnishing the home, but if you want to add profitable amenities such as a game room or hot tub, it would be more. 

RE can be a dangerous game if you are over leveraged.good luck

Last week I received a letter from my insurance company stating they were going to discontinue my policy due to the current condition of the property (missing siding) and due to the fact that I am not currently living there (which is not true).I contacted my insurance broker and due to the fact my current insurance company disclosed the cancellation, they could not find another company that would insure the property.I just filed a dispute with the state.

Long terms rentals will have repairs from time to time, but if it is a true emergency, you are going to be calling someone (eg plumber) to come in and fix something, so that is no different than your own home (minus the clean up).