The other, in hindsight, was spot on.

Quick Insights:Hot Areas: Some Memphis spots are heating up for ROI – it's not just BBQ that's hot around here!

I think I have the spot picked out, I am currently working with engineers, contractors and the county to get a better understand of the numbers it will take to make it happen. 

I target the sweet spot, property that has a better chance of not redeeming (vacant or abandoned or in need or lots of repairs) but it has to still be worth it.

It's not a particularly great place to live...I mean, it's fine, but certainly not a destination spot.  

@Basit SiddiqiAll that you mentioned is spot on and, yes, "poor" is a relative term and is in the eye of the beholder.

How much should a general contractor charge to allow my company to pull permits for each renovation and how much should he charge per onsite visit to spot check subcontractor work?

I wouldn't say their rents are spot on, but they are usually pretty close.

Spot development usually drags everything down around it.

My rehab is crawling along but I'm doing it at a pace I can afford without outside money and I'm learning along the way (that I probably want to have more momentum on my next similar deal).