In Memphis, there were distinct differences depending on the area, and I'm curious to hear your insights on how Nashville compares.

In the Smokey's, I would say that there are a number of day visitors who live closer.

My go-to with smaller value properties is a commercial loan, which usually is based on either 15% or 20% down and my favorite lender locally for this is currently between 5%-6% depending on the rate-lock period (between 3-10 years) and the loan is amortized over 20 years.That's my go-to strategy. 

A relative lives there now and has a few units giving a regular cash flow but they say the market is over saturated.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

You can possible structure the renovations as a holdback and have some equity cashed out as a day 1 depending on what the appraisal comes back at for the as is value and ARV. 

The man currently living there is a retired wheelchair bound vet who always pays on time and so they have never felt right raising the rent as hes only living on his Army paycheck.House 3. rents for $800/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $225/m after mortgage payment are made.House 4. 

I live in Winston Salem, NC.

Every time I have a big house for lease anything 4/3 and over foster care living owners, sober living owners and assisted living owners have reached out to me.

I live at home with my parents currently and am trying to save money for a down payment.