That person will be able to tell you what you can do and following that plan will give you peace of mind about your further investing strategy.

If anyone has any other suggestions about alternative strategies in the area that could facilitate cashflow, Id be all ears.

My primary strategy is Fix and Flip, and I bring a DIY attitude to every project.

Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

Unfortunately, unless you see the underlying financials as well as supporting data for those financials, you do not know whether there actually was cash from operations to pay your distribution or not. 

Check out this recent rental report from Zumper ranking cities in the US with the highest rents. https://www.zumper.com/blog/rental-price-data/ Welcome to BP - do you work exclusively with investors as a broker or is it just a good portion of your clientele?  

There's an aboundance of data to validate that case. 

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

WaveApps - cheaper than QuickbooksHiring & Onboarding: Any platforms or strategies that have helped you scale your team?

As a six figure earner, I am seeking advice and insights from experienced real estate investors on strategies and best practices that were valuable when starting out!