Memphis TN buy and hold?

[Chris Hutchens]

Hi everyone,

I am interested in buying a few homes in Memphis TN they will all be buy and hold.

Is this a good market for my first few rentals?

I am primarily looking for good neighborhoods and would like some advice as far as where around Memphis others have investments and what parts of Memphis are better than others.

Seems like appreciation is not very good so I would be mainly going for cash flow.

I am also wondering about vacancy rates in general in the Memphis area. Are your homes filling up fast or does it take a little while? I will be using a property management company also so recommendations would be great!

All thoughts and ideas are welcome!

Thank You, Chris