Recommendations for Memphis, TN

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Hey guys, my name is Guy, I'm an investor from Israel and started to invest here in the state after recognizing the potential and the recovery here.  I am focusing on Memphis, TN, which I've found as a very good market with a very good yield and potentials. (I had investments in my country but the market became expensive in a ridiculously way). My budget is aroumd 50-60k for the beginning and for now I'm focusing on Buy & hold deals.

Anyway, I need some advices and reccomendations from you:

- what do you think generally on Memphis as a market? (Potential, population, growth, number of foreclosures are available...)

- good areas/zip codes/neighborhoods to focus on?

Thanks!