Memphis is a market where BRRRR is possible, but with rates going up again, it's not a great idea.

With the idea you get your 6k back when fund deal/deals  MLM all the way sell the futures and the deals that Cogo did pay me off on as you stated took forever to fund and the rates were even higher than mine :)  Its just a very good Guru selling his stuff we all know they make the money selling the 6k how to become a lender. :)  

-Signing lease agreements via portalI am working on  automating and hiring a VA to handle all advertising, applications, and lease agreements.Allowing my onsite managers to focus more on the day to dayI looked into Rentalutions but I'm cheap!!  

It's cheap and easy.

Does anyone have experience buying properties for cheap from land banks, renovating them, and renting them out/selling them?

Maybe I got lucky because this was a few years ago and with lower prices and lower interest rates, it was easier to do well. 

Surprisingly, these homes that once sold for $7,000 are now selling for close to $1,000,000 and it doesn't seem as though the rate of appreciations is decreasing anytime soon. 

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

House hacking is a financial no-brainer, it eliminates you single biggest monthly expense, so you can increase your savings rate.