Im certainly not an expert in the Smokies other than a semi frequent guest - but if you have the cash I would think anything north of 10% is a good way to go. 

Adding some artwork to help give the place more character - $100-200 on Etsy or Society6 can get you some really unique prints that will help your apartments show well in listing pics and really set them apart from the competition.If you have the space outdoors, the quickest and easiest amenities to add are a fire pit and BBQ grill (or maybe a patio as well, if you're so inclined). 

I am a local investor and contractor here in jacksonville, feel free to reach out if I can help with anything or answer any questions. 

Hope this helps!

My agent helped a lot when I was just a regular buyer but could hardly grasp the concepts or details/numbers in investing.

I know the specific market is a factor, but are their key numbers or ratios (like the 1% rule) that you have found to be meaningful or helpful, obviously the numbers would be different for a turnkey vs rehab. 

I think I've had 8-10 short-term rental and long-term rental deals close with this other program in the past two months alone.If you are in need of a new prequalification letter and a different look at the deal from another program, I would be happy to help before we hit the weekend.

Would love to connect and help any way that I can!

Having an existing rental portfolio will help with, but make sure that this is known up front to your lender if you try to use a DSCR to pickup another property. 

I spoke to an evictions attorney who helped me in the past.