Nashville is a fantastic market with strong rental demand and long-term growth potential.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

some like to fix and flip some like to hold for cash flow, figure out which you like and take it from there  Monthly...so guess rentals.

We have been self-managing another rental out of state and so far, it has been a good experience. 

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

@Christopher ReynoldsIn Colorado Long Term rentals are next to impossible unless putting 25-30% down and getting a few hundred bucks or cash flowing.

Quote from @Damien Davis: Hello BP Community,I'm a rookie investor, only have one deal under my belt (Long term rental) and it's been treating me very well.

The numbers you mention in your post are confusing - like $150k annual income from a rental property.  

-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?