What can you tell me about Memphis?

[Nat C.]

I’m hoping to hear from people who live in Memphis or have investment properties there.

I've been looking at properties for sale on the MLS and I'm shocked by the low prices.

Eg. A remodelled in downtown for under 100k.

Yes, I’m sure this is a high crime area.

I’ve never heard anything bad about Memphis, like the things people say about Detroit.

Is Memphis a good investment city? The entry prices are low and cap rate is the highest I’ve seen in 2019.