If investors, you need experience and a strong understanding of how deals should be structured so that you can offer your investors adequate returns to meet their objectives while also having enough meat on the bone to be worth your efforts.

The home we have now in Lakeland, TN (near Millington) is definitely Class A and there is a large volume of transients that move through the naval base, FEDEX and other like jobs that our neighborhood of 400+ homes hardly ever has ever rental openings, but there are often multiple homes for sale.We think if we can maintain the right type of tenant we will be fine.

Based off our lease agreement, my lawyer says that it is the responsibility of each tenant to repair their own space.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

As mentioned above there are sensors that can help, and strong verbiage in a rental agreement should help mitigate it, though not 100%.

We are based in the SE as well. 

Located in a prime area, this property continues to deliver steady income and strong returns.

At the same time, I would reach out to that STR owner to try to get him to fix the nuisance issue.That said, even if you are successful in staving off the issue for now, it could come back at any time based on the current board members or on wide community support for getting rid of STRs.You could try to gather support for changing the covenants in your favor, but my gut is that that will be hard to do. 

I was using an insurance broker that helped break it down for me based on if I was planning to replace anything right away or wait. 

Any guidance would be greatly appreciated as I live next to the largest Navy base in the world in Norfolk VA.