@Jaycee Greene I planned to approach the seller to explore the possibility of carrying a seller's note.

Do you have a region in mind to buy in or are you just exploring the idea?

Mid-term rentals is also a strategy worth exploring, a good book to read on that is "30 day stay" by Zeona McIntyre & Sarah Weaver.  

If you want help structuring a scope of work or exploring different financing options, feel free to reach out—happy to offer insights!

I need to explore that.I also started using avail, which I like.

Welcome to BP - this is a great platform to initiate your real estate journey.Dive into comprehensive guides, connect with experienced professionals, and explore a wealth of opportunities that can help you achieve your real estate goals. 

Quote from @Joel Oh: Your business must make money day 1.It is so much more difficult to fix the model that is not making money than starting a new business that makes money day 1. 

Congrats on your first STR in Sevierville—sounds like a strong start!

To maintain control and avoid being locked into larger deals, consider directly owning replacement properties or exploring a partial 1031 exchange while carefully structuring syndication investments.This post does not create a CPA-Client relationship.

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!