@Michael BertschAs a general rule, we only leave a fireplace functional unless it has a sealed, externally vented, gas insert ... and, even then we may disconnect it.Check with your insurance provider and see how unhappy a functional fireplace in a rental makes them.

I even pay a fractional revenue manager to also check it on top of the software auto updates. 

So this is up to the local Memphis agent to have this talk first off with clients before they even send them listings to look at..

Additionally, we will see the unemployment rate tick up another .5%, to 4.9+ maybe even over 5%.   

One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental. 

He even teaches classes. 

Even when the deed is recorded you will be unable to obtain title insurance for at least a year from the date the deed is recorded.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

My equity position is up ~$1m above cost in 3 years (so i did fine even with poor cash flow, it was not negative beyond year 1).  

Builders do this a lot to add extra potential sleeping area without having more bedrooms than septic is rated for.I have seen people put beds in the loft after closing or even close in this area to make an unofficial bedroom.Just be clear in your pictures and description and you should be fine either way.