I am looking into a multi-family deal in middle TN. 

Ideally, you should work with investor-friendly realtors and only buy in middle-class (at the min.) neighborhoods.If you like I can refer you to a solid, investor-friendly realtor.

(I built that house in 2000, fully finished on .3 acres for 220k right smack in the middle of Orem.)

My preference is to invest in properties that work for the middle class, not for the wealthy.As others have mentioned, maintain a reserve to handle a big-ticket item like the furnace or three months of vacancy and renovation after a really bad tenant.

Just wondering if this is a good sign for buying...Small town, tons of growth in the county....someone just built a 42 unit rent based on income smack dab in the middle of said small town. 

I also thought SeaTac had a reputation as being "blue collarish" but it reportedly is right in the middle of Seattle and Tacoma offering great path to progress and easy commute to Seattle (via rapid transit)....Alaska Air's HQ is right next to property and there are massive expansion plans, which looks to be a plus...On the other hand, I cannot help wondereing how many potential tenants want to  next to an airline construction activity and a casino.

You generally have 2 sizes of containers 20 footers and 40 footers, and the crazy thing is they are about the same price.I found a company that would  put in roll up doors on each end and a partition in the middle, sand blast, paint and deliver a 40 footer for around $5k.40x8 container is 320sq ft., so $5000/320 gives a price of around $16/sq.ft.

It is a solidly middle class area. 

Such a PM will be pricey, but at least you will have someone local who can handle emergences in the middle of the night without having to lose sleep or possibly jump in the car to drive 5-6hrs. 

Peaked last summer, so would mean middle of 2020.Other thing to look out for is the inverse of the yield curve which is a 6-9 month indicator of recession which I don’t think has happened yet.