It has a full studio casita out back that will be an LTR.I plan on buying 3 or 4 investment properties this year after I learn more on the co-living marketing and rent collection side of things.

As the market evolves we've intensified our commitment to helping investors focus only on listings that are eligible for vacation rental usages and either; have exceptional existing production or high potential for rental performance.

That does not sound like a good market for new construction if nobody else is doing it there. 

Make sure the tenants are paying market rent or above, otherwise your loan will be DSCR constrained.

Once you learn how to generate leads, marketing, negotiating, etc you can go be a solo agent.

Memphis is a market where BRRRR is possible, but with rates going up again, it's not a great idea.

In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call. 

Hi Charles,This is probably the fastest way to the poor house, mainly because, in Japan, houses are like cars as in their market value depreciates and goes to 0 over time.

Several Midwest markets could work well with your parameters.

I would check your market analysis.