Investing in property management and staying informed about local regulations are essential.Good luck!

I'm comfortable with the value i provide as a buyers agent so it doesn't bother me.The other buyer broker agreement is a standard one that people sign usually for 60-90 days and it includes land, multi, mixed use etc etc.Your document may differ slightly but ours isSection 1.

Regs can run the gamut:  STR licenses are unlimited and available immediately with no restrictions, STRs can only be rented so many nights/ stays a year, STRs can only be in designated areas, the number of STRs are capped and there is a waitlist for a license.As others have mentioned, typically an unregulated STR will have more revenue than a LTR, but it will require more consistent work and effort.  

I would have simply said they the ceiling fan stays when they move out as its an upgrade and a light fixture is a "fixture" aka once attached to real estate it legally becomes part of the real estate and YOUR (the landlord's) property.

I plan on getting my license after graduating and either staying in Memphis or possibly moving to Nashville.

Using the BRRRR method for short stays can up your gains.Good luck!

We were going to stay here but someone rented it for a week that was displaced from another STR that had damage. 

Stay Curious.

Risk Assessment: Consider vacancy rates, potential repairs, and unexpected expenses.Once you're comfortable analyzing a few deals, you’ll be in a great spot to pull the trigger on your first property.If you need help with financing or want advice on what options might work for you, feel free to reach out.

Talking with a reputable lender will help you answer both of these questions, although the first is much more up to you and your comfortability.