Purchase price: $240,000 Cash invested: $70,000 3 Bedroom 2 bath Single Family on .75 acres in Pensacola Florida. https://www.airbnb.com/rooms/1171011382027219420?

And are they all for same day double closes?

The section 8 rents are based on number of bedrooms.

After adding an extra bedroom and bathroom and rehabbing the house, I was well over budget.

Ask if you title company can do a double closing and if they know what assignment of contract is.

Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.

We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.

I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.

In short, my membership fee bootstrapped me such that I have more than doubling my net-worth. 

If you know the 2 bedroom median rent in the area, population trends and the last time rent was raised that's helpful too