I am wanting to buy a single family home in Lexington, KY and VRBO/AirBnB it.  

I’m collecting 1945.00 per month while having a property manager take care of the property at 8% so technically I would be a first time home buyer correct?

Would most guests in that market even care for it, given that it's already in a warm climate? 

I just made the move to the Nashville area, and I’m excited to get involved in the local real estate community after selling all my rentals and my personal home in Minnesota.A little about me:I worked as an HVAC service technician for the past five years; now I’m looking to pivot into real estate full-time here in Tennessee.I previously held my real estate license in Minnesota, where I worked alongside other agents to learn the ropes and helped with showings and appointments they couldn’t attend.

Some time back I purchased a property on Silas Rd. and when I got home from work on the evening of the 5th, I had waiting for me a violation warning from the Department of Environmental Enforcing.

Two quick tips: sanity‑check those rent and expense assumptions with a local PM, and run your numbers with a conservative vacancy/repairs line so the cash flow is real, not rosy.Which neighborhoods are you targeting locally, and do you have a PM you can call this week to verify rent and expenses for that duplex/triplex/fourplex range?

You must live in the home for at least one year with this product.

I am just confused as to why some investors buy these kinds of homes?  

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