Hello @Brian Jackson,
Memphis should definitely be on your radar. It’s one of the strongest cash flow markets in the country, with relatively low property prices and solid rental demand. Investors here consistently see properties that have cash flow from day one, and the barrier to entry is much lower than in California.
From a tax and landlord standpoint, Tennessee is also attractive. No state income tax, no rent control, and a straightforward eviction process make it one of the more landlord-friendly places to own rentals. And because it’s a logistics hub (FedEx HQ, major distribution centers, and growing industries), rental demand stays strong.
I’ve been in Memphis my whole life and have spent over two decades helping investors navigate this market and build profitable rental portfolios here. If you’re open to taking a closer look at Memphis, I’d be happy to run numbers for you on some properties that match your goals. Let me know how you’d like to proceed!