Definitely go the legal route here, don't rent out the basement unless you have the OK from the relevant authorities--it's regulated for a reason (fire safety, carbon monoxide poisoning, etc.) and your insurance will not have your back if something goes wrong.

@Jared Appel welcome and any resource you need this group is here to help!  

It will easily be your most trusted resource with your specific case.2) Fema will not cover anything business-related I was told multiple times.  

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Your drive to learn and network will be invaluable as you explore creative strategies that maximize returns and minimize upfront costs.Feel free to reach out, ask questions, and share experiences this community is a great resource for learning and connecting with like-minded investors.

Honestly what I started doing more is use chatgpt to get a better idea of where to search or specific sites.

You can find a lot of wholesalers on this site in your area too. 

The real estate investor has advertised on this site, and continues to advertise joint ventures and private money deals in multiple states.

If you have any recommendations or resources that could help me, I would greatly appreciate your insights!

Technology today allows us to access detailed information and resources remotely, which makes it possible to make well-informed decisions even from a distance.Memphis is a city with a lot of hidden gems and under-the-radar opportunities that many investors miss out on simply because they’re not familiar with the local landscape.