Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.Check out the BP Podcasts: https://www.biggerpockets.com/podcast5.If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking6.

It may impact the loan and will require you to pay transfer taxes based on the assessed value, deed prep and some additional accounting fees to address basis.

For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option.

So, again, we have to do their job and chase the seller for that info.So, based upon our 24+ years of experience with agents in these capacities, we're all for raising the bar!

based on my calculations, I've decided on term life, 20 years, 2 million.   

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Even if you are actively operating as an STR the lender will look to tax returns for income, so if it has been less than a year they will still go on LTR income.You need to factor in that your lender is going to underwrite any loan based on LTR income only. 

Hey even flipping we're good at.Ask your questions here, anything counts, in one place and I will give you a solid data-backed (NEVER opinion-based) answer.In case you don't know me, My name is MSOOTKAUG, and am quite damn good at generating actually motivated seller leads, ranking websites #1, Credibility, and Conversions and people usually have to fork over their first=born child to have me consulting them.

I would call it simply a strategy based on luck.

The first house I bought (detailed in BP Podcast #82) I house hacked from day one, then moved out and rented the whole house for the next18 years, then sold and did a Section 1031 exchange.