I think our group has a few people in your boat so if people are interested I am thinking we might morph into a group for first time buyers, bring some deals in look at, help each other due DD etc..  

Hey All,I'll be visiting Memphis, TN for the first time next week, for the purpose of conducting further due diligence on my first investment rental property that I have in escrow at the moment.I'll be riding around with the seller of the property, who has agreed to take me on a tour of different sub-markets within the greater Memphis area (for future investments), as well as a tour of the property itself.I would like to make the most out of this trip, so I'd like to ask if anyone has any recommendations on how to make the most of this trip, i.e. questions to ask, markets to visit, people to meet, checklist at my subject property, and overall what I should be doing on this trip.

A bust deal worst of all.Its a saying I made to help me always remember when Im in the rush of the heat of the moment (we all know that feeling, especially at auction :D ).Sometimes you just need to saddle up and ride off into the sunset onto a different region with better returns.Ultimately, its about making a profit, not about convenience, about simplicity, or about "ease of access".We didnt work W-2s because it was "convenient" we did it because rent was due on the 1st, late by the 5th, and evictions occur 35 days after lol.Investing requires a high amount of discipline, and the consequences are high.

Pull the trigger and ride it all the way through. 

The bug bit us hard too and 3.5 years after getting started we have 5 rentals and are quickly riding our dream of 10!

Now I realized that I had given them a long free ride and  I must do a new lease factoring how large the family have increased.

@Nicolas Falbo  Hope you'er ready for a great ride to the top by using all the free tools and more.

I pay myself a management fee and let the rest ride-but that isn't much-retired but still building.The way I managed 20 years ago would make most people squirm...things, they are a changin'.  

I was losing interest in this until @John Thedfordcame riding in on his save the agent stallion. 

I Know when letter campaigns say go out in the hood in Memphis you get those kind of responses as the owners are dying to get ride of problem properties. with that kind of response this becomes simply a numbers game..