West Tennessee homes availalble
I am investing in Jackson, Tennessee and have found a bank that had 19 homes foreclosed homes available for sale. I made a bulk offer and now have all 19 homes under contract to close at the end of May. My initial plan was to rehab all the homes myself and keep them as rentals, however I'm open to other investors buying some of the properties as well.
10 of the 19 homes have tenants. 4 of the remaining 9 are partially rehabbed. I've been inside all the houses without tenants and my contractor put together a repair estimate for each one. I can share the pictures and info that I've collected.
Jackson is half way between Memphis and Nashville and might be an interesting spot to consider for any west Tennessee investors. Jackson is investing in revitalizing its downtown which should benefit a number of these properties.