This is why $400k for a 2 bedroom on a mountain in Sevier County is realistic.

If you already come with the experience (i.e) r/e background experience, don't need one.

I think I'll just look at this as a learning experience for how I operate going forward and take my chances on having it appraised as is.

As a seasoned real estate agent with five years of experience under my belt, I've had the privilege of guiding numerous clients through their own investment journeys.

Does anyone have any experience / can advise on the process in each of these counties?

I have some single family rentals north of you in Delray, happy to share my experiences if you want! 

As for taxes, I'd recommend connecting with a CPA or tax attorney who has experience with rental properties held in LLCs.

If so, what has your experience been? 

@Kaycie GunnIf you want debt financing hard money or private money lenders will fund with typically 25% down paymentIf you are looking to syndicate and raise money from investors then that is a different animal and you will need to file an sec exemption to raise money and depending on your experience it could be moderately challenging to near impossible.

There are some situations where a well-seasoned investor can borrow 100% of the purchase price and come out smelling like a rose, but only because they have the experience and they can absorb the loss if they screw up.Increase earnings.