Is this a net positive or negative for Memphis?

If I were to sell the property, I would position it as a short-term-rental money-maker.

The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.

The inputs for the image in this screenshot are as follows:500k purchase price duplex.Rent each side for 2k/month (this is after you move out)5% down paymentClosing costs: 7k6.4% interest rateInsurance: $250/monthUtilities (paid by owner): $400/monthVacancy budgeting: 5% of monthly rentMaintenance budgeting: 8% of monthly rentCapEx budgeting: 7% of monthly rentEven though you are negative $312/month after budgeting for future expenses, your net worth ROI is massively positive.

Offer higher down payments to stand out from the competition.Counteroffer until you are sure the seller won’t budge on their position.

Perhaps the Turnkey Company may even specialize in section 8 which would be another big positive if an investor is looking for less risk and government guaranteed rent and cash flow.

Hopefully they can figure out a way to combine the positives of Orlando and Cancun.   

Hi All,I'm in a position where I am Mid-Construction on a new home build and need financing to complete the project.

Racine has some strong issues that will take time to clean up even if Microsoft is a positive influence. 

Having a significant other definitely changes things, but for me it's been very positive :)