Hi Tio, I don't think hiring a professional designer is wise as it will cut into your margins and sounds like you have a tight budget. 

•If your goal is stable long-term tenants, you may want to target young professionals or grad students who stay year-round.4.

There are tax benefits to running everything through an LLC, but again, seek advice from a tax professional.

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

It’s great to see a fellow professional diving into the investment side of real estate—it’s such a rewarding journey.

Hello everyone,I’m expanding into the Chattanooga market and looking to connect with experienced professionals to help with upcoming projects.

Unless you qualify as a Real Estate Professional (which has strict requirements), your rental losses can only offset passive income.

Also Mid-Term Rentals to traveling professionals, people displaced for insurance reasons, or doing a renovation to their home and needing a place to live for  3 months or more are also possibilities.

I love the flexibility they offer for traveling professionals, military families, or folks in between moves.My main questions:Have you noticed increased demand for midterm rentals in this area, particularly from military personnel at nearby bases or healthcare workers at local hospitals?

The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.