Essentially, your new replacement property will consist of (1) a thirty plus year ground lease on the real property you already own; and (2) new capital improvements made on the real property you already own pursuant to the new thirty plus year ground lease.

Some background:I got into REI to earn enough income from rentals to replace my W2.

If anyone has advice—whether it’s general tips or insights about these markets—I’d really appreciate it! 

Additionally, I'm banking on a future opportunity to refinance.After less than a year, here are a few tips from what I’ve learned:*Hire a local STR expert real estate agent to guide your investment location.

I BRRRR’d them all so most of the items have been replaced.  

I’d really appreciate any insights, whether there’s anything I missed, any places you’d avoid, or any tips for STRs in this market.

Best of luck  Thanks for the tip Preston!

Just a few tips on the short term rental scene in Nashville.

Any tips or scripts for reaching out to owners would also be helpful.I’d love to connect and learn more about your approach.

When I replaced the furnace a couple of months ago, I also installed a new 7 day programmable thermostat.