I’m taking a thoughtful, data-driven approach and aiming to avoid common missteps such as:Overestimating rental income or underestimating expensesBuying in low-cost areas without considering long-term valueNeglecting to thoroughly vet property managersSkipping key steps in due diligence and inspectionsI’m looking to connect with experienced professionals in the Nashville real estate community—property managers, real estate agents, tax professionals, and others—who are open to sharing insights on topics such as market analysis, tenant screening, exit strategies, and real estate tax planning.If you're open to a quick conversation, I’d greatly appreciate the opportunity to learn from your experience. 

Many times, we have offered cash for keys to encourage a peaceful transition.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

I have a 3-bedroom house in the Hilltop area (43204) that I'm considering, and I think I might be able to convert one of the rooms to make it a 4-bedroom.I'm looking for some guidance on a few key points, as the process seems a bit overwhelming: * What's involved in applying for Section 8 as a landlord? 

Were there any key design decisions that helped reduce costs or boost rent potential? 

But the Tenant screening i tried was very unimpressive, missed key information.  

If someone is still living there, you’ll likely have to go through formal eviction or offer them cash for keys.

It’s key to structure it clearly and legally, but it can absolutely be done in a way that aligns with religious principles and still works for flipping.

The key now is being ultra-strategic: focusing on standout properties, optimizing for experience, and getting creative with financing and management.If you’re seriously looking at the area, feel free to connect I’ve been exploring funding strategies and income plays that can help newer investors navigate tighter margins.