Hey BP community 👋I’m based in Chattanooga, TN, and I’m looking to connect with investors focused on Short-Term Rentals (STRs) and event venues—especially those seeking unique or underutilized properties with upside potential.Over the past few months, I’ve come across several off-market deals in and around Chattanooga that I passed on at the time, but I’m realizing they could be perfect fits for STR or event-focused investors.

Loan product wasn’t a fit for my mix use project because they don’t lend on the commercial component which impacted leverage too much.

Where in that picture does a person who isn't selling, who isn't buying, fit?

Let me know if I can help you with looking for what fits youTotally agree, buy & hold makes more sense in those stronger areas.We’re planning to mix both strategies: hold a few rentals and do some flips to boost cash flow.If you don’t mind sharing, I’d love to hear which neighborhoods you think are better for flips vs. rentals. 

What most people are looking for when they start is clarity, determining what their buy box is and how it fits their goals.

On paper, texas broker sponsor looks like a good fit.

If the yield/return does not meet my minimum requirement I’ll try to determine the probability that the seller will accept an offer at a price that does provide my minimum ROi.Assuming the above is positive, I will utilize all available information; LTV, property type, specific geographical market, payment history, etc. to determine if the note fits into my acceptable risk parameters.  

It's all about staying informed, being open to new opportunities, and tailoring your approach to fit the evolving landscape.

What’s your process for evaluating whether a property fits a lease option or seller-finance buyer?

Understanding how rental income is taxed and how short-term versus long-term rentals interact with your other income streams and fit into your overall financial picture will make it much easier to reach your goal over time.As you grow, good bookkeeping and recordkeeping (especially if you are planning to be REPs or materially participating) will go a long way.Good luck, and happy to connect.