The less strong your relationship the more formal you will have to be and the stronger your experience will have to be.I'd suggest pursuing a 4-plex through an owner occupied FHA loan with just 3.5%.

Sadly you need it on here as well.When networking, you can hear about the different styles of investing that people do.

Sadly you need it on here as well.When networking, you can hear about the different styles of investing that people do.

However, it's in area where there are other "loft" style apartments around and much of the crime is to the south.

Rental market is strong here...I frequently have people calling to see if I have any vacancies.It would scare me to invest out of my area, but I guess that doesn't mean you shouldn't do it.  

I also strongly recommend using a good software system out of the gates and make sure your accounting is on point.  

If everything looks strong, I look forward to sending you a lot of work.Thanks!

Identify housing style, amenities and newest construction practices for today's buyer.*5.

(I've done extensive market research, re-ran my #s multiple times, and just spoke to a friend who lives 30 minutes from the area and she confirmed it's a good area with a strong rental market.) 

Specifically, Knoxville - and most of East TN for that matter - has a growing but strongly middle income economy.