1 very common thing in Memphis is that almost ALL property is listed too high for numbers to make sense.. and if its listed at numbers that work, then it creates a multiple offer situation and investors end up paying more than they need to.

He had a client who was debating between buying a small apartment building in L.A. or spreading out capital on multiple units in Phoenix.. after running the numbers with a dedicated local realtro who actually drove around neighborhoods, he opted for Phoenix because he could get more doors for the same cost.

You have multiple properties in a great market that are wonderfully placed for appreciation in the future.

You will certainly gets lots of different perspectives from the forums and most likely multiple people will have experienced a similar situation in their investing journey!

I have turned over all of units multiple times the highest vacancy I'll get us under 1 week becuase property will be up for rent 2 months prior from existing tenants moving out.

Mark down all the multis you see by looking for two or more doors in front or multiple air handlers outside or gas meters.

Make sure you purchase at least as much as you sold or greater, and all of the cash you would receive from the sale.You could even reinvest into multiple investment properties if you wanted as long as you meet that requirement.

Finance was a combination of a few different vehicles and ultimately ended with a HELOC which was then used to fund multiple other projects over the years.

Under $200k, pressing for sub $165k, with rents of $1,500mnth+There is a few different strategies were engaged in under this umbrella.

The City of Montgomery is the Capital of Alabama with a robust economic environment that has produced multiple awards of excellence at the Chamber of Commerce level.