I’m going to consult a local financial planner but thought I’d ask the brilliant minds at BP as well.

The older the home and the closer to the city center, the less likely an HOA even exists. 

@Jaren Woeppel , after looking at the available local options, we continue to self-manage although we export a number of tasks, ie. answering the phone.

I have a local STR PM company of you would like to chat with them. 

Shop around with local lenders, ask these questions, and get answers before you try to buy the triplex. 

I am out Out of state investor so don't want to give you wrong information, my best advise is to find a local agent who knows the area and can help you better than me.

Being from illinois, I do get a kick at how much regulation goes on out there in tennessee - where people give me guff about how our local politicians here are so intrusive. 

What is mentioned in that article is very sad but these are local people linked to drug activities, with sadly some innocent (overwhelmingly) local victims as collateral but the shootings rarely happen in the places where tourists go.

Find a local property management company that does the bigger cabins and they'll help you identify the right build choices to help maximize your rents.

Be sure to run numbers with both a local lender and a national one to compare terms-sometimes smaller local firms can surprise you.HOAs: Brickell condos often have HOA fees, which can eat into your cash flow.