Computers can analyze property based on subjective data (square footage, # of beds/baths, etc.) but cannot calculate for objective data (quality of kitchen cabinets/counters, size of bedrooms and bathrooms, view out the living room window, etc.).You should study the market yourself.

I agree with @Connor Hibbs's comment on terms for first time flippers and if this is something you want to start doing more frequently I'd look for lenders that offer some type of rewards program to gain better terms through doing repeat business.

But that's not very frequent.

If my partner wasn’t risk adverse and unwilling to move frequently I would buy a new property every 1-1&1/2 years using this method.

(This could potentially qualify your distributions as QBI -qualified business income - subject to a 20% deduction under 199A. 

Stay with properties at or below median value within 1/2 mile maximum of the subject property.  

You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago. 

I want to be somewhat hands on so I would pick markets that are driveable for you and visit frequently. 

I'm looking for updates but they do not come as frequently as I'd probably like - and it sounds like others as well. 

You can probably identify the builder of the subject property by contacting the City of Gatlinburg - they will have this information on file.Purely from an investment standpoint, building a cabin from scratch is by far your most expensive way to invest in the Smokies right now.