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Updated about 5 years ago,
Short term rental in Memphis
Looking for a second investment property. I've heard good things about Memphis TN. Eyeing a property very close to downtown Memphis that could be used as a STR. It seems to have a decent Airbnb history/good cash flow. Wouldn't be as good of a deal if it had to be a LTR but would still cover the mortgage. Any thoughts/advice one way or the other?
Thanks!