I realizing the duplex conversion strategy is more complex I probably wouldn't try it on my first property, just want to get a sense of what's possible in the Chattanooga market :) Thanks!

It is 10000% possible.

It’s possible to start small, build experience, and scale over time.

But I would not have the expertise of setting it up the best possible way for my specific needs.  

If you are looking to buy in PA, its possible you can qualify for PHA KFIT program that gives you a 5% closing cost forgivable loan.

He asked if it’s "possible."

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

I would love to just put my mind at ease with a little more knowledge and pointers as to how we can start out as strong as possible.

We typically buy and hold but it would depend on the numbers for this project, we'd be open to either BRRR or fix and flip so there's a few possibilities.

I am thrilled to join this community as I embark on my journey into the world of real estate investing while I’m new to this field, I am able to learn connect with experienced investors and share my progress along the way.