#9  SWEETEN the POT:    Do not think that paying extra rent is going to entice owners to rent to you. 

The 2-3% points in extra cost are worth it if you plan on using as I described above because the use would be for a few  months at most and due to that short term use you can survive a rate adjustment up.But, if you have no plan to payoff the debt like when using for a down payment on a long term hold why pay the extra cost for flexibility and have the additional risk of the adjustable rate with the amortization looming when you can get a fixed rate second mortgage. 

Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.

With affordable property prices and a growing rental market, it can be a great option for long-term cash flow.If maximizing short-term rental income is your priority, a home closer to Nashville could be worth the extra cost.

More traps, patch up holes, tell your tenants to be extra clean when dealing with food. 

Always budget extra for surprises.Skipping Permits – Even small renovations may require permits.

I Enjoyed the extra viewpoint.

I hate to pay extra money for a PI on work we have already done. 

Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment. 

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.