I would love to hear your thoughts on such a strategy, what to look out for?  

The only downsides I’ll gripe about is the time it takesto get used to the move in process of adding a tenant (if you already have people) and that I don’t find it mobile phone friendly for doing a lot of work however short quick hit issues are great on the phone.  

While this approach works in the early stages, there comes a time when consolidating all your properties' insurance into a single, scheduled program might be more beneficial.

I have actually bought 11 more properties in the last 90 days.

I am under contract with a land deal, on Marrowbone Lake In Joelton.

YouTube has a lot of great videos for this. 

Quote from @Daniel Kulik: Thanks for the response @Simon W., I definitely agree with the accounting piece, what are you thought on the legalities side of this.

How will this affect me in the home buying process.

@Shane O'NeillCheck out the median incomes for the areas you are looking at in East Knoxville.

I want to know if this type of business qualifies as a “real estate professional” status.