Well I own one on Union Street, not far from that property.

Well, a realtor and a lender already insinuate that investing there is great so it must be

This bodes well for all current STR operators in the region, as well as hopeful investors moving forward. 

But when you work 40 hours W2, you cannot work full time in real estate as well?

You can also use FHA with 3.5% down as well although may be harder to win in a more competitive market.

It does take about 60 - 90 days on average to close an assumable loan deal, but it is WELL worth the time if you are not in a hurry. 

If a deal doesn't work if you have 3-4 worst case scenarios in plumbing, electrical, etc... then it wasn't purchased well enough to make it worth the time and effort. 

Someone with a large portfolio might have a system that works for them and which they have maximized but which might not translate well to your market, your personality or your approach to investing.

If you have a property manager you are working with, they might be able to assist as well! 

I may have some Tri Cities specific questions for you before then as well as I learn more.