I've bought properties that had structural problems that revealed themselves after I bought (which I had to fix)--and having gone through that process, I can tell you that I would never knowingly buy a property with structural issues (except in rare circumstances outlined below).So, why am I willing to buy a property that's on the brink of condemnation, but I won't buy a property with significant structural issues?

General and Market Specific InformationIs there a clear and viable exit strategy outlined?

This is stated in the tax code under Section 168(k)(8) which outlines the bonus depreciation phase-down rules for property acquired before 9/27/17.

Just be sure to outline everything in a clear, legal agreement to avoid future misunderstandings.

Here are some steps and strategies you could consider:Review the Lease Agreement:Start by revisiting the lease agreement to ensure that the no-smoking clause is clearly stated and that it outlines the consequences of violating this rule.

Whether a deal is "on-market" or "off-market" investors should stick to their deal box and find the best deal for them as outlined by their own unique goals and objectives.

The extreme southwest corner of what I've outlined (west of Troy and south of Chapel) is the only area I would hesitate to buy right now.I also wouldn't want anything on the main thoroughfares (i.e.

@Sara Holda Here's a great link to the city that outlines a lot of the laws regarding STR in the Nashville area: https://www.nashville.gov/depa... 

Outline a business plan, put up investment criteria, creating financial system and invent property management practices.

Obviously that's not guaranteed, but experts figure it's likely.I would be happy to PreQualify and talk shop - personally I'm on home #4 doing the exact strategy you outlined, home #5 incoming, rates aren't slowing me down.