Quote from @Alex Evans: Memphis is a great city to invest in for all 3 reasons that you are asking about! 

The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)

The carrying costs are low, but tenant was making partial payments by month 2.

Popular markets often include beach towns, mountain retreats, and areas with strong tourism.It’s also important to research local regulations, occupancy rates, and management costs to make sure the numbers work.

I am putting in a link to something that may be help, a cost of living comparison calculator (https://www.bankrate.com/real-estate/cost-of-living-calculat...). 

Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc. 

The only reason he did it was because it led to additional work.

What about closing costs, rent ready costs, lease-up costs?

I know there's a reason so can you share why you set the threshold higher for number of 5-star reviews on AirBnb vs.

Quote from @Scott Trench: @Scott Johnson we typically don't delete forum posts, and I don't see a reason to make an exception here.