@Karl Kauper with a SF you can require the tenant to take care of lawn and snow, but they might not be up to your standards. 

@Cameron Porter +95% of the land bank inventory is already picked over by the time it hits the public.The only people we know that have bought ALL went over budget and only the increasing market covered what would have been losses.So, proceed VERY carefully!

This is the third time someone has tried to replicate the exact forum post in this same General Real Estate Investing group that already has 99 replies.https://www.biggerpockets.com/forums/48/topics/1220392-what-...

As Pari said, you can learn notes and earn more than that, or if you want mailbox money and do no work, JV with a note investor and you can get 12%+ and your money is not tied up for years but on average 12-18 months (or less) depending on the deal. 

I live in the greater Naples area.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

Quote from @Paul Cijunelis: The property owner fills out the form, along with their agent/PM.

Quote from @Kyle Carter: What about if I already have a rental, not with the home buyers program.

The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes.

I've seen a few folks make that kind of jump, and it's not as off-the-wall as some might think.