Best area for Multifamily in Tennessee?

[Jennifer Nguyen]

Hi, I'm looking to invest in Tennessee, but not too familiar with the area. Is there a certain part of Tennessee that is ideal for multifamily? How's the Portland area? 

[Alex Craig]

@Spencer Glaser I am not as bullish on Memphis for MF and I live here, buy real estate, sell real estate and manage real estate in Memphis. The MF in Memphis with the best #'s typically are in rough parts of town. I am always looking for MF 4 plexes are smaller. In the last 3 years I have bought for my own portfolio 2 and sold 5.  I like Little Rock much better. We have bought more for us and sold more too. Better areas, lower taxes.  Memphis MF is considered commercial. Anything over single family is taxed at an commercial rate which is about 2x higher then single family.