I'm not very intimate with the markets to the north and south, but I would start looking at price to rent ratios and decide what type of rental type and terms you want to invest in.

Gotta find someone with pricing that can serve basic returns!

Do you have an idea of the type of property you want to buy and a price range?

Happy to give you a quick background about the market.The median home price in the MSA is about $350,000, but you can find plenty of rent-ready properties in suburbs north of the Tennessee River for under $250,000 or under.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

Centerpoint is very popular because of the price points.

They market as “lock in now at today’s prices and reap the benefits later”  but that is just not the reality.

List price: 445,000.DP: 89,000Closing: 8900Total Invest: 97,900Projected mortgage: 2500Rent: 1700 per unit, 3400 totalTaxes: 42Insur: 263CapEx: 100Repairs: 100Vacancy: 100Total expense: 3105Cash flow: 295, 3.1% - 6.0% CoC return. 

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

And in order to defer all tax you must purchase at least as much as the aggregate net sales price of your properties.These all can seem daunting but in my experience exchanges are more successful than not.