I am considering offering him $1.8m with a low (or no) down payment and seller financing at a low interest rate so I can at least break even on cash flow after getting rent closer to market value and with upside potential as a MTR and strong  appreciation opportunity.

It’s that simple.If you want success, you need a strong web presence—a place where the right audience can find you when they need your services.Think about it.

As for a corporate rental you can also see strong rental income with a little less risk since you would be renting to a corporation and they would be on the lease. 

Purchase price: $81,000 Cash invested: $30,000 I acquired this property at an 11% cap rate, which provides strong immediate cash flow.

Focus on affordable markets, build a strong network, and continually educate yourself through books, podcasts, and deal analysis to steadily expand your portfolio.Good luck!

Congrats on your first STR in Sevierville—sounds like a strong start!

They have strong financial stability, excellent credit, and are experienced homeowners.

By year 5 we had around 55 people.We did hire a marketing person but frankly marketing wasn't our strong suit. 

If a person has to ask, at all, I STRONGLY advise to use a PM service for tenant placement. 

As rental rates increase, cash flow becomes strongly positive.