You would buy there to live or if you just want to own property in the best location possible....Overall, the long term rental game is rather difficult in the middle TN market right now, especially in the Nashville area.

I encourage you to keep your goal high, but keep in mind that buying a property with an ARV of 250-350 will be difficult to find at 80.

It seems to be attracting buy and holds in hopes there is a turnaround to capitalize on.

The more rentals you buy are you really retiring early?

Well I wanted to buy a home and that was the only thing I found within my price range How did you find this deal and how did you negotiate it?

The longer he stays it gives him a chance to save up the move in money for a new place and maybe buy a new 70" TV and Xbox once he finds a sucker landlord that doesn't check and see that he was just evicted

Adding additional assets, a familiar market, buying a house "for free" as I call it, and gaining experience with lower level of risk How did you find this deal and how did you negotiate it?

That being said, if I am in a market that does not have these metrics but want to buy and operate, I may stay in my market because it will be easier to run the operations full time.It comes down to your goals, and what you want to accomplish.Good LuckGino

Most non-QM lender penalize you as if you are buying down the rate to zero.

Would it be smart for us to sale our primary, take the equity, buy our family home, then begin saving to buy our first rental property?