Thank you guys, looks like there's a great group of people on here that I can network with to get more familiar with investing in the area!

Hello guys, me and my wife are trying to buy a property in TN.

Maybe you hate doing the handy work but have a knack for analyzing deals and end up getting your real estate license to help other investors.

do you guys prefer to only invest in newer homes  i.e. built after a certain year to reduce the possibility of having to do a lot of reno on wiring, plumbing, etc. or does it just depend on seeing the house and determining the condition that its in?

Wasn't he the guy that was dead wrong about the Internet?

However, in such a case, a rescue fund would hold a superior position in the capital structure compared to the common equity investors, including yourselves and there acting as a parasite taking equity upside from all common equity investors.While this might provide a safer position for the pref equity slash rescue fund, it would also significantly impact the returns for common equity investors (previous guys).

I posted this yesterday when someone else was asking about arbitrage:I hate to be a pessimist but if you search on here most do not have good things to say about arbitrage.

Hey @Matt Stull I am kind of the KY go to REI guy on BP (see bio).

There's no chance I'll squeeze a dime out of this guy. 

THANKS GUYS !