Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

I'm looking to buy houses off market for personal investments.

Purchase price: $73,000 Cash invested: $25,000 I was charitable landlord renting to single mom below market rents.

To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

Quote from @Robel Nessro: How is President Trump going to effect the Real Estate Industry, will it benefit the investors or impact the market and investors?  

Since you’re focused on buy & hold multiplexes, consider networking with local investors, refining your underwriting skills, and researching markets with strong cash flow and appreciation potential.

It's a super affordable real estate market where you can still find deals that hit the 1% rule and positive cash flow/great cap rates.

At that point in time the market was still hot for properties at my price point in my buy box.

Which ones will still deliver in a down market?