If you have some of your money in the game as a tenant you likely to take care of the property.

Fix & flip in Memphis is definitely a number game with making offers.

The beautiful thing about real estate investing is there are several avenues you can choose from depending on your end game. 

You only need to put a small game plan together to start running the numbers base don zipcode, property type, sale prices, common rents/cash flow.You would be surprised how far $150K can get you to cover a New primary home and 1-2 rental properties back to back. 

If you bought something today with 5% down, you will be way ahead of the game two years from now and that PMI cost won't matter.

Turning a garage into a game room will probably pay for itself relatively quick. 

Landlord-Friendly:Tenant laws here are more favorable for landlords compared to more regulated markets like Minneapolis, which could be a game changer for you.3.

@Nikhil MascarenhasDifferent people go different routes depending on their risk tolerance, their amount of equity and compared to other assets owned, how patient they are with a complicated set-up and high legal fees, whether they view the $800 as game-changing or just a cost of doing business, etc. 

Obviously we cannot force the borrower to sign so I said let’s foreclose because I think borrower is playing games.

Is that less desirable than a property with 5 bedrooms with walls, but less convertible entertaining space that could be used for movies, gaming,etc?