However, I have raised $85,000 from 5 total passive investors.

Any suggestions on whether it would be better to gradually raise the rent over two years to fair market value, or bump it up all at once.  

There has been new regulation voted on in the earlier part of 2021 that will phase out new permitting for owners of these RM zoned properties throughout Nashville starting on Jan. 1, 2022.If you purchase a property in this zoning, close, and apply for your permit prior to Jan. 1, 2022 then you will be grandfathered in on this zoning and your STR permit as long as you keep your permit active with a yearly renewal fee (currently $320 with a credit card).However, if you purchase a property in Nashville that is currently an STR at a current income-based appraisal approach in these zonings it is important to know that you will more than likely not be able to resell this property to anyone else under this appraisal approach and could greatly affect your long term plans of these types of properties.I have had several other realtors, investors, developers speak with me recently with the solution that they could simply put the property into an LLC and then sell the whole LLC in order to skirt around this new regulation.

I'm a 24-yr-old, full-time keyboard monkey making about 67k a year in Florida (born-and-raised) working in construction.

But you don’t need to buy 20 props a year to kill it in the VR space and every year your dti should get better thus increasing your borrowing capacity if you play your cards right.

Scammers will ask for prepaid credit cards or for you to Venmo them money in advance for due diligence fees.

Heck, if I was the tenant I would raise that question and at the time of renewal will remember being billed for the repair therefore not renewing my lease. 

I'm looking for someone that knows  how to get items deleted by using the correct  verbiage and credit reporting laws/codes etc...the derogatory accounts are credit card accounts that can be closed. 

Being in debt on an income producing, appreciating asset is far different than being in debt on credit cards and car loans.

Personally, I would let the brother know what you plan to do (raise rent to FMV at end of lease), find out if he intends to stay at full market rate, then screen appropriately if he wants to stay (the current lease doesn't get changed, he passes the normal background check, and pays full rent on the new lease he signs after the old one ends--or goes month-to-month).