It shocks me sometimes how unorganized some outfits are.We do lots of referral business with a private lender who gives FNs a 70% cashout on properties worth 178.500+. 

Memphis is definitely worth a closer look.

Stay consistent, set clear goals, and remember real estate is a long-term game that rewards patience and persistence!

Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.

It is worth what comps say it is worth.

For example, if you buy a home for 100k, and then improve the property and now it is worth 200k. 

Airbnb claimed within 8 weeks the worth dropped to $29.00!

Will the sale price be worth the cost of the repairs?

As a result I must Study the market and know what i’m worth. 

We own 2 properties in El Centro, CA:SFH 3/2.5 (built 2016) worth approx 650k.