And in terms of the unit - we own 4 others in a 3 mile radius and are very familiar with comps.

I would have asked you what your long-term goal is but you have already thought about it.

It’s quite appealing as a long term investment - even at today’s rates.

It may cash flow for a year or 2 but once things start breaking or something goes south with a tenant or it sits vacant for a few months, all of that previous "cash flow" is wiped out.The business model is a high CapEx / low cash flow business model relative to the value of the assets.Rentals are a great long-term wealth-building vehicle (appreciation, loan pay down, tax benefits, etc).Don’t rely on them to pay for your groceries.

I’m finding a hard time finding comps for a long term rental.

Here were the results:Sales Growth: As you can see, Raleigh and Durham are VERY different in terms of Existing Home Sale Counts YoY.

I’ve been a real estate investor since 2015, owning and managing multiple multifamily properties and running a short-term rental business in Cape Cod, the Lakes Region of NH, and the Berkshires.

I bought several multi-family this way and negotiated financing terms that were better than the bank.Cody Davis started investing at 19.

Do you think you will be in TN long term?

Long term, short-term, etc?