Investors will want to work with you if you are knowledgeable, can find deals and have connection with vendors.

For a select few, this can be true, but wholesaling is much harder to get off the ground.

Hi Rafael, I reviewed your listing as well.

It sounds like you navigated the challenges well and gained valuable lessons for your next venture.

The type of due diligence all investors would like to do if they had the knowledge, the time and other resources.

I recommend you go visit a few times to network with local investors or find an investor friendly agent so you can gain local market knowledge, find off market deals and for things such as showings, picture taking or getting accurate comps.

There's lots of properties for sale in the Smoky mountains so you may also have a larger selection of options to purchase as well.

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

Lots of people rent houses for parties as well, and you won’t be able to do anything about it.  

I'd argue that there are very select zip codes where this strategy works.