I love the BRRR concept, and really want to use Real Estate to make a positive impact on the community, both with housing and with the freedom that it will provide to volunteer and fund projects around Knoxville.  

Though, I am not an expert on IRA's, this concept should be discussed with a financial advior.

If you have stepped into the industry and out of the unknown at some level you should be able to identify concepts to which you do not know much and those which you feel like you are properly knowledgeable and skilled.  

Buy and Hold Strategy is what I am focusing on, and consuming content to understand the concepts and numbers for analyzing the deals.

The concept of taking utility bills off the table for consumers and giving them one less thing to worry about could be a pretty strong selling point, though there is a huge wildcard for occupant behavior.

I'm also a tech guy so i'm into futuristic concepts.

I recently read an opinion piece in the wall street journal about how living in Austin is like being killed by a 1000 cuts.

I have no kids, but we played it with our nieces back when they were in their early teens.I'm a huge fan: It's far more realistic and relevant than, say, Monopoly.For one thing, you'll be introducing your children to critical real-world concepts like debt, budgets, and cash flow.

I would recommend living in the area first, reading the local business journal, and attending some investment meetups to get a lay of the land.

As a concept, basements are a horrible idea...they are forever problematic, even when built for occupancy.