Thanks, it’s in the Knoxville, TN market. 

My friend from HS went to college in Knoxville, beautiful area.

I currently have LT multi-family properties in Indianapolis IN, Huntington West Virginia, and Knoxville TN.

I'm actually in Knoxville, TN, so I'm super close to your market! 

Its a central city within a short drive of Nashville, Knoxville, Atlanta. 

Simon,You also have places like Knoxville, TN where you can still get a great home and not over pay and be uder $800 a year on property taxes.  4 BD/2 BA home 1700 sqft homes under $180K

I'd like to purchase a rental in the Knoxville TN area, but I don't have spare time to maintain the property myself.

I have a big chunk of cash saved that I need to put to use, but I'm having trouble determining the value of a new build vs a more traditional deal just buying a rental and rehabbing.I've been presented with an opportunity from a builder to build a new duplex in an area which can be used as short-term or long-term rentals in Knoxville, TN.The builder is a rare combination of fast, cheap, AND quality, and has written a "cost-not-to-exceed" clause into the building, so it's an extremely competitive build cost (details below).The deal would cash flow very nicely, but it would force me to leave a chunk of cash into the property.Here are the numbers:duplex: each unit 2:2, 900 sq ftTotal cost of land, 1.2 acres (This is already leveled, excavated, and prepped for building): $80kMaximum build cost: $252kTotal cost: $332kCash in: $67,000ARV: $350kApprox cash flow: $800-1,100So, again, how does this compare to a typical buy/rehab?

We live in Knoxville, and our property taxes are dirt cheap, so we’re also considering purchasing a cabin in the Smokey Mountains.

I immediately switched to paper checks for a couple months till we found Cozy as well (interestingly I was in Knoxville shortly after the erent issue and met @Lucas Hall at Jake Stenziano & Gino Barbarro's investment weekend.