Quote from @Robert Bell: Memphis has had a favorable rent to price ratio for a long time. 

I hope the STR lottery works out in your favor.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

Our economic system has inflation, which favors the banks, baked into the system.

I just wrote an offer for full asking price at 30 day close, with a contingency to extent at BUYERS choice for 30 more days if I don't get an favorable response on the electricity install costs.

I generally try to put my October through January lease starts on 18 month initial terms to better align with more favorable leasing periods when the units come back to market.

What I mean is look for areas that are favorable for investors / landlords.

The seller feels showing the invoice was a favor, it weird situation i am in, has anybody face such situation?

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

Choosing the right market can make a huge difference in your success as a real estate investor.Since you’re considering both short-term rentals (STRs) and long-term rentals (LTRs), here are a few things to keep in mind:✅ For Short-Term Rentals (Airbnb): Look for markets with strong tourism, business travel demand, and favorable regulations.