I have a distressed property, an owner-ish who doesn't want, and a mortgage company who won't talk to me. 

The price points are definitely higher in SWFL not mention the home owner insurance rates in FL.

House hacking where you get to "live for free" is near impossible with interest rates right now.

Call a few people who do home inspections and ask if they can recommend someone or google "sewer inspector memphis tn" and you will see a number of options-then look at their ratings.

The program looks at location, property value, amount owing, interest rate, taxes, insurance, rents, condition, etc and several exit strategies.When we make an offer to buy, we can offer cash, subject to, wrap, seller financing, lease option, seller carryback and so on.Obviously if we wholesale the property, there is no carrying management needed, and if use a lease option to sell, the optionee is responsible for maintenance and repairs.

Option 1 allows you to spread your investment across three properties, considerably increasing your rental revenue and accelerating portfolio growth; however, maintaining several mortgages can be difficult, potentially limiting your cash flow, especially if one property is vacant.

Cash out refinance is usually recommended if you are lowering the interest rate.

The owner bought it for cash, so no mortgage.

They look at the interest rates and say, rates dropped X% so now it's time to refi.

Looking to get into my first STR in the next few months out in the Knoxville/Oak Ridge/Gatlinburg area(s)....I understand getting average daily rates, occupany rates, mortgage, saving for maintenance/CapEx.