The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

. - Production: Typically STR production on the Oregon Coast is +/- 10% of valuation.

It generally isn't worth the brain damage of experimenting though....especially if you want to move to a new home that you will own inside of the typical lender's seasoning period.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

These properties typically do not have rent growth that keeps up with inflation.  

So while that’s a great asset you pay more for it typically.

Most of our Members are baffled, typically saying: "How could they allow one of THEIR Tenants to be even ONE month behind?"

Even with the balloon, this is more typical for owner finance. 

I typically host single family homes, but have been asked to potentially host an apartment complex of 22 units.

.- Maximum build size: typically 800 square feet or 50% of the size of the primary residence, whichever is smaller.