The biggest variable I see people screw up is estimating the OE.

My biggest suggestion is go for larger homes.

**mini footnote:  A wholesaller is similar to a Real Estate agent, but without the fees & deals worked are always off market, exclusive deals.It was extremely competitive and very exciting and I learned a whole lot.One of the challenges with the market in Madison County is that there are many many deep pockets not only in the area but also those that have trickled down from Middle Tennessee not to mention investors from throughout the worldthat are looking invest in real estate just like you.A lot of my Nashville Buyers have been asking about purchasing deals in Madison county for years.Real estate agents that I have worked with in the area say that there is zero inventory and if something comes available, the buyer has to be 100% ready otherwise someone else will get the deal.That being said, I personally think that there is a lot of potential in untapped areas of Madison County.One of the biggest differences between Nashvilles market in Huntsville‘s is that there hasn’t been anyone that has been brave enough to build/Rehab/re-vamp areas that are undesirable i.e. north side.

Major employers are the base, federal agencies such as border patrol/homeland security, school district, city, and the hospital.

My name is Jay and I am currently finishing up my undergrad career in New York City at CUNY Queens College.

I am 23 living in kansas city and i currently own a full duplex and live in one side and rent the other I’m trying to find another duplex to rent.

The biggest part for us was to outline the exit strategy options for both partners.

Check out Indianapolis, Kansas City, Philadelphia, and my backyard  - Chicago.

House hacking, in a B-/C+ area that still has access to easy public transit into the city.

Something to keep in mind with STR, that's tied to why REI is a smart game to play - control is the name of the game.You want to control the guests and rates (vet them in hopes of avoiding property damage, set rates to attract those willing to pay more for quality)You want to control the costs (furnishings, consumables, cleaning/repair/plumbing/electrical)You want to control the property (choice of property, location, financing terms, well or city water, septic or city sewer, etc)This is all going to be very hard to do, if not impossible, if you don't OWN THE PROPERTY.