You're happy with 85 dollars a door (adding back in cap ex/vacancy/repairs) you could do that easily w/ out the hassle of these low rents...Random example, literally 2 seconds on redfin to prove a point:https://www.redfin.com/MO/Independence/17409-E-41s...https://www.redfin.com/MO/Independence/4001-S-Redw...Rent Comphttps://www.apartments.com/cedar-ridge-apartments-...Even at list, 20% down and 6% interest this would be less than 600, and probably rent for 700+.

I also called my local REALTOR board and it is the understanding that TN has requested that each county and city figure out some type of regulations in order to address issues regarding short term rentals but that  each county, city is independent in making those decisions.

Proprty is in Independence, MO. 

If I were in this situation I would want to continue charging full rent and pay the tenant for needed work independently of our rental agreement, then it's up to them what the money goes towards. 

-Network with people like crazy and get out of your comfort zone-Develop grit and keep your goal of financial independence in mind.

-Network with people like crazy and get out of your comfort zone-Develop grit and keep your goal of financial independence in mind.

Fresh college grad, goal is Financial Independence.

Although, see #3 above.This all said, you might look in the Independence-Raytown-Grandview-Belton areas.  

I just started listening to the Bigger Pockets Money Podcast and I am intrigued by this idea of financial independence!

There are so many small details that can impact your deal that you want independent eyes reviewing the details, prior to the bank vetting anything.Just like RE agents, you should look to work with a Mortgage broker who is also an active investor.Jason Lewis