My name is Cesar and I am originally from Puerto Rico but have been living in Virginia for over 20 years.

Memphis has a relatively low cost of living, and that’s reflected in the property prices.

Find a partner, find co-workers/friends/relatives you wouldn’t mind living with, find a property you can buy for less than your current rent.

@Malcolm Brown Would something like this fit in your buy box: https://www.realtor.com/realestateandhomes-detail/84-Livings...?

With my in-laws living in Augusta,  I visit the area a few times a year, and it definitely seems like there’s some potential in the market.  

Any sober living investors out there willing to let me pick their brain on how to underwrite a potential deal?

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

If the eviction goes to court, then there is a record of that eviction on their file and it will make it harder for them to find another place to live (assuming the landlord does a background check).Not renewing the lease happens when either party decides they simply don't want to renew the lease. 

I’m looking to start in DFW since I live in Arlington but eventually I’ll be open to other markets to diversify my portfolio.  

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope