That might be the national average for rent price increases but I don't know if that's a realistic expectation in Memphis.

This could be an option but based on where you are you might be better of looking near a national park and rental arbitrage is going to be less feasible in those areas (but still possible). 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Gator method and PCS; hubs and I had a meeting w/ PCS this morning and didn't need all the LLC creation and such so we jumped to the 'Corporate Financial Program' - already sounds VERY ambiguous...

The metro area population of Montgomery in 2022 was 367,000, a 1.94% increaseResidents and large corporations are attracted to the State of Alabama's pro business climate of low taxes and Sun Belt weather.

Find a new tenant - If the tenant does not agree with increased rent, find a new tenant (maybe a national franchise like Chipotle), with higher rent.

This is related to the discussion of "super liens" earlier in this thread.To your concerns about the rights of competing liens, my read of the statutes and case law indicates that any liens (other than IRS liens) that existed prior to the date of a tax sale are extinguished when barment of the right of redemption is completed (see National Tax Funding v Harpagon).  

The MTR and STR would be more for travel nurses, corporate professionals instead of people vacationing.

It was a foreclosure, owned by the Resolution Trust Corporation.

We've had a lot more success with good old fashioned cold calling, response rates are lower (5-10% nationally) but you don't have your accounts being shut down every day.