I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

Quote from @Crawford Peay: Hey just wanted to jump on here and introduce myself My name is Crawford Peay, I am located in Memphis TNI help investors buy and sell properties along with managing their portfolios in Memphis and the surronding area!  

I'm thinking I can get the property for $380k plus 50k rehab.  

And my rental cash flow went from only $1500/month to 19k/month profit by taking on more loans and harvesting the equity in some of my properties including my primary.

My husband and I started investing in rental properties 10 years ago. 

Purchase price: $420,000 Cash invested: $120,000 5 bedroom 2 bath property with pool, shed and playground in the backyard.

Are you looking to "house hack", which is living in the property (or 1 of the units) for at least a year and then moving out and renting the unit?

Purchase price: $525,000 Sale price: $575,000 I regret selling this property but was moving out of state at the time so it made sense to sell.

JimGo to the city’s assessor’s website and look up the property record.  

. - Bulid My Own Team of Buyers agentsLender, Permit chaser, Contractors &Landscapers, Cold Callers, & Property Managers.- Travel The World While Doing Deals.