I think demand will continue to grow as the area settles into its next life as more of a year round destination.  

That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%

I also have a $50k line of credit I can tap into when needed that will grow as I keep growing the business.Right now my rent is about $1700 where I've been staying for over a year, but really wanting to trade that for a mortgage and start building that equity.

There is strong rental demand because of growing population, job market, and the booming tech scene. 

With affordable property prices and a growing rental market, it can be a great option for long-term cash flow.If maximizing short-term rental income is your priority, a home closer to Nashville could be worth the extra cost.

Taking money out of 401k is expensive and you can’t get back the tax benefits of having the money passively grow for decades tax free until distribution. 

Look for safe accounts that pay good interest or dividends to grow your security.

I think the whole point of holding a leveraged  good quality turnkey from a first-class team like Premier Properties/ REINation is to have your costs covered while your equity grows through a market cycle. 

Starting with one property is a smart way to learn the ropes, and as you grow, networking with local agents and other investors can be invaluable.

I work with investor who find deals to cashflow day one, in markets that are growing both in population and jobs where the appreciation is obvious.By far the biggest step in REI is taking the first step and getting a REI.