When you don’t have that experience, you will be best served by having an agent handle the contract and paperwork and be able to explain everything throughout the process.

This will probably be much easier than serving our county. 

You may want 4000-5000sqft with lots of upgrades for the house you live in, vs you may want much smaller house, maybe 1/2 that size and basic upgrades to keep rents low on investment property.Just some thoughts.....happy to discuss more with you.

Deposits are refundable, fees are not.We charge a traditional deposit, then a monthly increase to the rent based on type of animal and size.

probably spread sheet address, lot size, # of units & breakdown, income,  expenses, current mortgage payment. 

And since the loan principal pay-down is $10,378, I'd have a return of -$5234 and a total ROI of -19.5%. 5 unrelated people can live together, so no issues there.Price of the room will vary based on size and whether it has its own bathroom.

Competition is reduced as many aren't even looking at that size deal.

Looking at a property located in Knoxville, TN that is about 30 years older than similar houses in size, bedroom, and baths. 

Plus, any HML will want to do inspection draws (depending on size of rehab) and will just slow you down.

You could also serve them with a 5-Day Notice to vacate immediately via Certified Mail or hand-delivered and signed for to get the timeline started.