@Christopher Reynolds My mantra has always been, "Live where you want to live; invest where it makes sense."

I am on my first BRRRR and the issue is lenders keep only wanting to lend on 80% of the purchase price and not the actual appraised value, which would keep my money tied up on the rehab portion as well as 20% of the purchase price.

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

I'm trying to get better at LTR investing.

Really established our finances and money goals.

Their answers are always along the lines of "no money down" or "you can use it basically an unlimited amount of times".

We have some leads on assets in the humboldt / jackson area in tennessee and looking to connect with investors in the area.

You're likely best off wholesaling the property and using those funds to invest in the deal or invest in something else.

Investment Info:Single-family residence buy & hold investment.

With Laundromats the the machines are your money maker (I know duh, but hang with me).