Brother, sister aunt uncle friends etc are fine. 

If it is owner occupied then hard money lending will not work as they will not touch owner occupied then the route would try and be friends and family. 

Something they can ship home and show their friends.  

Working with an investor-friendly lender will make a lot of difference.

I tell them 1) water is expensive 2) sharing of one meter reduces the bill over individual meters 3) they agreed to it when they rented the unit and it is in the lease 4) if they do not like it they can move elsewhere at the end of the lease.  

There are thousands of out of state investors who purchase in Memphis because the price points are a lot easier and the laws are landlord friendly.

Landlord friendly state, as well as, constant job growth and low cost of ownership makes this area great for REI.

We've also noticed more last minute bookings which is a surprise to us since we sleep 16.We have a friend with 3 small condos in Gatlinburg. 

Greg is a good friend of ours who runs it & he makes sure it's a solid group of people. https://www.tbreia.com/Lastly, if you do need a recommendation on a solid realtor to work with, my husband mainly works with investors.

While his friends play all day, the squirrel works hard all spring, summer, and fall to store up enough acorns to last through the winter.When winter comes, the squirrel can relax and enjoy the acorns he’s worked so hard to store up, while his friends, who didn’t think ahead, go hungry.This is essentially the model of retirement we’ve all been taught.