Personally, I had one experience where my Lender wanted the LLC to be within the state where the property was being purchased.

Use it as a learning experience because, after all, that's why we're here!

There are obviously a lot more factors that go into it - real estate is always going to be a mix of the tangible property/market itself with a mix with the investor/operator including experience, risk appetite, financial situation etc.I would say however if you are just getting started in real estate - LTRs are probably (in a vacuum) the better bet as STRs are certainly more sophisticated and challenging from an investor perspective

I advance sums to contractors who have proven through experience that they can be trusted.

We did that to streamline the process and gain experience.

Any recommendations on Podcasts, realtors or individuals with experience in the area would be greatly appreciated.

Our ideal candidate is someone embedded in and active in the STR space, as subject matter expertise + working with partners and advertisers is a key element of this role.You can find the application here.Working for BiggerPockets alongside our incredible network of employees and contributors has been an incredibly rewarding experience for me, and I'm so excited to be growing our content team.

You don't need to know everything to get started; you just need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I am doing my own due diligence but would appreciate advice from others in the local area given all the new supply that has come on recently and still to come in the Nashville metro area.My understanding is that this submarket is not that affluent but there is a lot of development going on, is right “in the path of progress” and would offer an experience for Class A renters that is unique from all the downtown development.

I know I'm going to need your insight and experience!