I think you have a few steps to figure out, but seems like you can put it together to make a good decision.

Our average online rating is 3.5/5, which is 60% higher than the 2.2 star average of traditional property managers.Sometimes we need to make a tough decision in favor of one side of the landlord-renter transaction and at a negative impact to the other side (i.e. deducting security deposits).

However, ensure that your decision does not violate any anti-discrimination laws or local ordinances.Make sure that:The records are accurate and pertain to the applicant.You have established written criteria for tenant screening, which should include reasons for denial such as prior evictions, judgments, or debt-related issues.

Get a bunch of bids and make a decision if its worth it.The line looks dry, why is that?

Do you prefer to have an open "application period" to collect applications and then make a decision based on the "most qualified" or do you take the first qualified, even if on a personal level they put off some red flags.

Learn from the mistakes but there will never be all the information to make a 100% risk free decision.

If I had to do it all over again, I’d make the same decision.

What's most encouraging is the Mayor's decision to do what's financially best for the City of Philadelphia despite being unpopular by many.

I joined believing the community was here to help its members make such decisions, (smartly), and in some cases, partner together to improve the probability of success (and learning for the newbie!).

Moreover, Memphis’s real estate market has shown resilience and stability, making it a promising location for long-term investment.As you continue your research and networking, I hope these insights help in your decision-making process.