I'm eager to learn more about:Identifying undervalued properties: Are there any specific strategies or resources you recommend for finding deals below market value?

I don't mean to be negative and obviously, you are going to do what you want to do, but to put it in perspective, I bought one of my 1st properties in 1990 (at a peak), and sold at a significant loss in 1997, due to specific circumstances.

Risks include market fluctuations, property damage, tenant issues, and unexpected expenses.

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).  

An inspection is crucial to catch any major issues upfront.

Louis, Memphis, and Birmingham offer a good balance of affordability and rental demand, while online platforms, auctions, and networking with local agents can help you find undervalued properties.

Hello Denis,I apologize for the delayed response; I’m new to the platform and still getting familiar with it.Let me quickly share a bit about myself.

I can only think of 2 times inn the last decade my client has had to go though an eviction and both times it started cause the owner and tenant had personal issues. 

Analyze Rental Income PotentialRun the numbers for your specific property.

After that, if issue is addressed but ground floor tenants keep complaining - remind them that common noises are expected when living in an apartment.