Both groups are showing up with a clear purpose, need a good night's rest and want a safe place to live close to where they work/study. 

I don’t know your living situation or if there are any nice 2-4 unit buildings in the area you’re moving to.

I agree with the majority: the wisest move is to live in an affordable market where your dollar will go 3x as far.

The Importance of Honesty and Ethics in Private Money LendingAs a private money broker, I am in business to earn a living, but profit should never come at the expense of honesty and integrity.

If you're thinking of living here I imagine operating this will be a challenge.

Hello @Anthony DiSanzo,I’ve lived in Memphis my whole life and have been helping investors like you build solid rental portfolios here for over 20 years.

Quote from @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

I live overseas and don't have ready access to a local market to research, understand, and invest on my own.

@Brett JurgensThe "2 out of the last 5-year rule" in real estate allows homeowners to exclude up to $250,000 ($500,000 for married couples) of capital gains from the sale of their primary residence if they lived in the home for at least two out of the five years before the sale.

I rented to assisted living as a 5/3.5; it was ideal.