And the city is growing very fast, so you should see a lot of appreciation as well. 

It all comes down to your comfort with risk and how fast you want to grow.

Fast forward 20 years when you are 60 and you have a multi-million dollar real estate portfolio that should be generating a solid amount of passive income. 

This was due to finance arbitrage like many retail bankruptcies, They were selling furniture/TV/appliances for 2 decades financed at 3-4% and borrowing at 2-3%, now their billions in floating rate notes are at 7-8% but only getting the fixed 3-4% for the washing machines etc They lost 77 mil last year and rising fast so had to Chapter 11 to stop the bleeding.Next 1-2 years will be very interesting in markets/CRE etc.

Private money lending is a great way for real estate investors to access fast, flexible funding.

Not saying there isnt any but when they do appear, they go fast and cash buyers prevail.

only small builder or home are not selling fast enough would consider sell to investor.Anyone in Knoxville could verify this or comment or connect me with builder. 

Utilities altogether is about $250 a month, internet is $90 a month for the 1T fiber (we want fast internet for 6 people), 5% vacancy, Lawn care $120 a month, Pest control $30 a month, and we do bi-weekly cleaning of the common area at $200 a month.

I want to be in this for the long haul but I still want to work as fast and efficiently as possible!!

Our average home price is also only around $250K making it a very affordable market.I highly encourage you to get started as I love real estate but I caution you on moving too fast too quickly.