Look for those "C+" neighborhoods where there's potential for growth, but be careful of areas that might be too rough, as that can make property management tough.Also, consider connecting with local investor groups or meetups in Memphis to get a more targeted understanding of the market.Good luck!

I would just get with @Dave Foster and have him walk you through it and get it taken care of.

But, the other part of me says "Josh, why do you care if it's a bad neighborhood?

It's important to carefully evaluate the costs and terms associated with each option.Consulting with a financial advisor or real estate financing expert can provide personalized guidance based on your situation.Best of luck with your acquisition!

We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.

Yes.A well-maintained investment attracts better renters who pay on time, stay longer, and take good care of the property.

This mindset requires constant learning, careful research, and staying proactive to identify market trends and new opportunities.

@Jason Fitzwater do find guest care more about being closer to the town of Blue Ridge and attractions like Mercier’s Orchards, or is Cherry Log/Mineral Bluff/etc. area still good?

Developers are seizing the opportunity to convert these spaces into much-needed retail and healthcare facilities, bringing new life to once-abandoned properties.The Future of Closed Drugstores: Plasma Centers, Restaurants, and Dog Parks

Be careful.