A lot of investors are flocking to Memphis for its solid cash flow potential, and you can typically see strong returns (8%+ cash-on-cash) here, which is a huge draw.The job market is another factor.

Egress: Two methods of egress, typically a door and a window.Ceiling height: At least half of the room should have a ceiling height of 7 feet.

Typically, you'll have something like a 10 year draw period with interest-only payments, and then the balance is amortized over 20 years.

I have made a lot of money in RE and negative cash flow is not a criteria that i typically ponder.  

I grew up not too far from there and that is a very typical house, maybe minus the cat.

New Construction builds from builders like DR are typically the only ones who beat Mortgage Broker pricing on VA loans.

I do not like using on market homes since they are typically overpriced and haven't actually sold yet. 

A balanced market is typically around 6 months of inventory, so a lower number represents a seller's market with limited inventory.——————————————————————————————————📢 Second Largest In-N-Out Burger ConfirmedIn-N-Out is bringing a retro vibe to the Strip!

This is a very typical situation. 

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.