We do MTRs ourselves in Denver and Colorado Springs and work with a lot of STR investors in the mountains here.Tennessee's got good potential still from what I read, though I know it's been a hotbed for vacation rentals for years now.

It can potentially limit your buyers when/if you go to sell. 10) JADUs require OO.

They are almost completely paid off on my HELOC and there is a huge potential to gain alot of capital out of these.

If you don't mention your first home, it will likely come up in the process, potentially complicating things.

Potentially an environmental consultant may have to get involved?

In my research I also read that the potential private lenders information are kept in your database and presented the investment opportunity only after the distress property is placed under contract.Can anyone out there explain the process and let me know if I’m mistaken in my understanding?

The property is rural so cost of utilities and development may be higher, but on the flip side there is currently no competition, extreme demand and very few other properties that could potentially compete in the future.

Explore options like renting the property as-is at a lower rate, investing in repairs for higher rent and better tenants, or selling if repairs are extensive and tenant hassles outweigh potential returns.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

I ultimately settled on Kansas City and that's where I'm planning to buy in the next few years.Being Very Conservative with Cash Flow ProjectionsI'm an analytical person by nature, so the whole process of analyzing potential cash flow from a rental property always appealed to me.I've always been extremely conservative when estimating cash flow projections.