Currently looking into doing a BRRR or a buy and hold in the FL market.

@Roman A Sandlermore important than picking a market is having a plan for building a network.just to be blunt, i think a lot of investors pick a random market using a formula like you did, rather than picking a market where they might have some kind of advantage. 

Make sure you do a deal that makes sense. by the way Michael is a good person to follow here about marketing.

Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.

Are they paying market rent, are they excessively long or about to expire, etc etc. 

It's a tough market right now, this thread is to encourage those who might be going through a rough time in their business.

I think that you live in the best house hacking market in the country.

At that point, an appraiser would check to see if it operating as designed.

@Jeremy AltdorferI would call PMs in the market and present them your scenario.

In our market p,umbers are crazy expensive but clearings are quite reasonable.