Going through PenFed now for one as well 

Hi Sara,My wife and I are looking into arbitrage in the Nashville area as well.

John,I am in Florida as well and both TN & AL are both great spots to buy a MF property.

So if you are moving to another place in the same area, you may have to answer questions.I'd buy the first place, see how it goes and if it goes well, buy another down the road in a year or two.

This was my thought as well.

I am torn on how to handle this, he is priced so well.

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

separate  bank account is best and easiest to track. maybe even had the mortgage go through this account as well.

So depending what you're looking at, most things that have power restored should of already passed a structural inspection.Pay attention to mold and electrical as well.

Well done :)