A tenant who wants to stay in a property indefinitely at the current rent could theoretically schedule an inspection and freeze their rent and lease.

Rents were WAY under market at $2,400/month + the previous landlord was paying their electric up to $300/month (which, not surprisingly, the tenants made sure to maximize monthly).

It likely won't be an issue (if they refused that would be surprising) plus the more people responsible for having the rent paid, the better.

In your price range, you could provide a comfortable place for families to stay that’s far closer to the base than the hotels.

I can probably get about $1400/mo in rent, so it fits the 1% and 50% rules.  1) If I were to do a cash-out refinance, my understanding is that I would affirm that I plan to stay in it for 12 months. 

I try to stay about 50% right now but if the mother of all deals came along I would consider more as long as what I am leveraging still cash flows at the new payment.

Learn the difference between ACV and RCV or you will be surprised after a loss occurs.

If you are looking to purchase a new flip or rental I suggest staying away from the MLS while the money is out.

Just make sure you stay on the case workers!

Nashville has stayed in the top ten the past 3 years as one of the fastest growing real estate markets.