He ensured that the structure, HVAC, plumbing, and electricity were well-maintained, and rarely had anyone coming in for maintenance fixes.

It is important to find something that was properly maintained, with modern plumbing, electrical and roofing. 

These homes were built in 2016/17 and I've managed/maintained them myself.

Investors can find single-family rentals and small multifamily properties that generate consistent rental income while maintaining solid equity growth.With $200K-$250K, investors can secure multiple rental properties or a high-quality single-family home in either market, providing strong cash flow and long-term appreciation. 

That’s one of the highest growth forecasts in the country while still maintaining strong rent-to-price ratios.Memphis also has a resilient economy, driven by logistics (FedEx), healthcare, and a high percentage of renters.

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

Screen tenants thoroughly, have a solid lease, and maintain an emergency fund for unexpected expenses.

Potential for Over-RelianceWhile guidance is valuable, it’s important to maintain your independence as an investor.

Your financial position is strong, and leveraging financing for your next rental while maintaining a conservative debt-to-income ratio is a smart approach—consider consulting a lender to explore options that align with your goals and keep your investments sustainable.

By focusing on real-time data, Nightpricer allows us to fine-tune pricing strategies more effectively and maintain a competitive edge in the market.