I think market auctions are better for newer investors because you're able to see the inside of the property and the property will be delivered vacant.If you win you will have to provide a deposit that is held in escrow until the transaction closes.

I also have no interest in being in the car wash business, or the laundry business, or the AirBnB business, things like that which seem to appeal to a good number of people, but not me.I like to KISS, and just focus on market rate rentals, 12 to 18 month leases.

I am local to the Memphis market here and like others have mentioned communication is key.

I know this is not true because I've used IDI data since 2019 and it's the best on the market. 

Quote from @Wynn Williams: I have a friend/neighbor that wants to sell me his house below market value so he can move back into an apartment and travel.

As for the target market, we are focusing on Brownstone buildings in New York City.

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.

There are other ways to be successful besides EMD as well.

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

The PNW is a great market with tons of opportunities!