I have been holding back for a little while now waiting for it to pop, it is coming and I think there is more risk of downside than possible upside still.

I mainly looking for cities / metro areas where ratio between risk and ROI is the greatest.I'd love to hear some opinion of experienced member who actually invest in Tennessee.Cheers,Benny

I know there's risk to going into partnerships, but I'm OK with it.

I did not include all of the carry costs.

My concern is that when the economy takes a down turn and we still have mortgage to pay for these vacation houses....risk is high?  

But I’m willing to wager that with the same amount of effort and cash, you will be able to leverage the experience of professionals, to build something of your own that perfectly fits your financial goals, limits risk to you and your family, and is repeatable if you somehow lost it all just because you chose the “hard” route.

Our lease does state that if they fail to notify us of things needing maintenance and repair within a prompt manner they can be held financially responsible and We do require they carry renters insurance so I am wondering if it is something renters insurance would cover? 

The seller is asking $2.4M and is willing to carry the note with  $250k down. 

Is it based on my mortgage plus profit for taking the risk?

@Justin Morgan if you have a physical office, it’s easy to set up all of those coverages with a single Business Policy.Once you hire employees, you will incur risks that can be handled with the following policies;Crime Employment PracticesWork Comp