Hi @Fulati PaerhatiI'm local here in Memphis and for that price point, I would recommend the Millington and Oakland areas. 

Yes, I am aware that the current rate is way under market.

Also, I don't know anything about the property but if it's under rented it may not be in market rent condition.

To connect with potential partners, consider attending local real estate investor meetups where you can network with those looking to invest passively.If you’d like to explore HM financing options, feel free to reach out—I’d be happy to chat!

Depends on the market!

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

If you are looking for a true mentor you are much better off going to local meetups and making connections with individuals 1-1. 

I found this deal off market; it was my girlfriend at the time's uncle who owned it, and we pitched him the idea of buying it from him.

Attend every local REI MeetUp you can.

I'm talking about our market in columbus not texas. our market was developed 1900 to 1940 and not only is it issues with the age and general updates but also layouts are obsolete. it's meant to be a discussion I just wanted to get a good chat going