My concern is doing the cash out refi on my other rental and causing a new and much higher payment on it that I can't just pay off like a loan.

I agree on no-charge when unit is empty.

It's a 3 bedroom 2 bath north west (10 min drive) of Franklin on top of one of the mountains.

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

Networking through meetups and leveraging online communities like BiggerPockets can provide invaluable support and insights as you take your first steps.Good luck!

My client has a property near the hospital where he runs his dental practice and has 6 hospitality units connected on the other end.

Maybe something along the lines of your insurance company requires the heat to be set at certain temperatures or they won't cover a damage claim etc.This way you are telling her there is nothing you can do it about it.

Look at all of the losses you can count against your rental income.Now look at line 18.Line 18 is usually:(Value of your property) - (Land value) / 27.5 years.

I invest there and have a full team on-the-ground.

You may have to do this several times for all the different tasks being done.The only labor cost not covered by this type of online inquiry is drive time from the businessto the property, to the store & back for supplies and then back to the business address.