Currently I am getting an amazing rate with Encompass Insurance as they bundle our rentals as well as personal home, auto, etc.

We utilized the VA loan, so we paid all of the fees associated with that and then paid roughly $3500 for closing.

Also, if you can do a renovation and pull money out to pay it off, I think that would be ideal.Another idea would be to utilize other people's money for the renovation and then pay them back whatever rate they desire through a simply interest note.How is the STR doing in the Smokies? 

I did a bit of research and wondering if the current interest rates, high real estate prices, and weak 12-14 week rental period make it a bad investment.

I’m trying to save PM fees by using rent redi software for the time being until I am able to scale up

Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

Take into consideration all closing cost, realtor fees, repairs etc.

I have about $175k in equity in our rented house (2.79% mortgage rate).

They both have low property rates and are close by and more landlord friendly than CA. 

The rates will be higher than FHA or conventional financing.