To add the type of value necessary to pull it off, you're going to buy an absolute piece of trash property.

Someone looking at it to make sure everything is in one piece.

I have a neighbor with an odd sized little piece of property that would work for me to build a shop for woodworking and general storage.

The pieces that we are missing right now are the tenant facing portion to file work orders, and the rent collection.

A piece of advice that has stuck with me is to flip first in a new market.

Another piece of advice would be to talk to other investors who actually own real estate in Memphis.

Looking for a way to get property for business that can essentially operate from a 2 car garage.So options are anywhere from FHA-SBA-USDA-A piece of grass and a metal building-seller financing-CDFI'sI like the look of USDA loans but, anyone experience with them?

My thoughts:1) try driving for dollars in your target neighborhoods, find run down properties and send a piece of mail to the seller asking if they will consider an offer.2) Mail, call and text.

I also wrote a piece about buying out of state a while back you might find helpful: https://www.biggerpockets.com/blog/2014-12-23-investing-out-...

A three-piece suit?