Quote from @Jacob Hrip: I have read this one years ago and it is a great book by a very successful guy in the space!

These are not great investments and while the experience is not typical for Memphis, nothing I've read or seen should lead you to believe your experience will improve.  

Third, I was reading Small and Mighty (thanks Nathan Gesner) and found myself doing a "Wait a minute..." when he lays out that for B-ish SFHs he wants at least 6-7% rental income (after expenses), 3% appreciation, relative to the house price.

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

If you read the link provided it explains how to list properties on MLS   you just have to make the disclosures..

Care to tip me?

Stop reading and start organizing.Buy more properties.

Appreciation takes time and from everything I have seen and read, the Northeast is a good place to be for appreciation if you have the capital to start there. 

Read the PPM thoroughly.