I don't further investigate if the analysis doesn't offer at least 10-12% IRR (which is always my focus, much more than cash on cash, cap rate, etc) because anything below is achievable with less risk, less leverage and less stress with other financial investments.

My rules of thumb - that is, conservative, middle-of-the-road estimates on gross annual income - are as follows: 0-1BR $35k/yr, 2BR $45k/yr, 3BR $55k/yr, 4BR $70k/yr, 5BR $85k/yr  That's readily achievable for a middle-of-the-road cabin within 15-20 minutes of either downtown Pigeon Forge or downtown Gatlinburg if you're a competent manager.  

Would love to help you and your team work a way forward to achieve your goals. 

Live in it for a year or more and then keep repeating the process.However I am thinking I need to sell my home and start over to achieve my goal for investing.

They get used when people first move in, but after that they just get used to massage sore muscles with the jets.  

I would not disqualify a commercial bank for a refi to cash out with, as they are more receptive (compared to the VA, if I understand correctly), of helping you achieve your goals.

Also, to understand if it’s a deal worth investing in, you need to make sure their underwriting and business plan is solid and achievable 

Look at the homes in your area that are posted for the amount of rent you would like to achieve.

But ultimately, if you wish to treat people well I think it's the path that has the greatest odds of helping you achieve success.I hope that helps.

Now, in order to just get the 1st deal off the ground, I am considering using the first property as Airbnb in order to pull more money out and get the returns I am looking to achieve.