Many of us secure our first guest before we've even finished furnishing the property. 

With no movement towards finish line for years.

The excise tax is still due in the year of the sale, and the gain is included in your Tennessee taxable income even if the property is exchanged for another investment property.

Quote from @Neil Narayan: Silicon Valley-based Colovore, which develops data centers that use liquid cooling, has acquired a 30-acre tract in Hutto where the company is slated to build a $500 million, 180,000-square-foot data center and a 13,000-square-foot flex office space.The ABJ has identified 19 data center projects in the greater Austin area in recent years, which are expected to include at least $25 billion in capital investment — likely an undercount — spread across millions of square feet of building space, along with thousands of jobs, primarily in construction. data centers are a boon to construction but once built dont really move the needle on employment..

But while the other 2 claims were finished in 10-15 days.

Ask whether your landlord policy includes coverage for these losses, and if not, what the increase in premium would be.In addition to your first-party property insurance and your own liability insurance, make sure your contractors and subcontractors have solid liability insurance, and include you as an additional insured on their liability policies.

I honestly believe that the cycle isn't finished and there are still good deals to be had, but you can determine that for yourself by doing some research. 

Knowing what I know now, I'd also include a professional cleaner to come once a year.    

Needed minimal repairs including small flooring replacement, trash removal, and curb appeal upgrades.

Two of the most common metrics you’ve heard, cap rate and cash-on-cash return, work a little differently:Cap rate looks at the property’s net operating income (rent minus expenses, not including loan payments) divided by the purchase price.