The high vacancy rates in apartment properties in Memphis may be due to economic fluctuations and demographic shifts; however, they create a favorable environment for potential renters to find affordable housing and for rental owners to innovate and improve their offerings, ultimately contributing to a more dynamic and resilient housing market.

My partner and I now find ourselves in a strong financial position to start our RE investing journey and have set our sights in New England, specifically Rhode Island due to the excellent natural environment and our desire to ultimately relocate there long-term. 

I've read over James Wise's Ultimate Guide to Grading Cleveland Neighborhoods but at 7 years old it's surely a bit dated.

And, if so, how are you counseling clients given the choice?

Hopefully this is not some news to you, but sellers are no longer having to pay buyer agent commissions, now is a Choice, which might be confusing, but there is nothing to worry about. still, it doesn't change the fact that to maximize profit, it's wise for sellers to offer a buyer agent commission, attracting more qualified buyers to the listing. and for buyers, the main change is the need for a few extra forms and agreements before viewing properties. 

Start with BiggerPockets Ultimate Beginners Guide (free).

I would like to grow my real estate portfolio and ultimately make real estate a big chunk of my retirement plan.  

For a beginner, do you think this sort of setup is like building a huge fortress against an army of ants, Or is this something the client might like to have some choice about as a beginner.

I have experienced a lot of success in my career and have a solid W2 but realize its not going to get me where I ultimately want to be.  

A GOOD tenant has choices, you want to look at your value proposition to them.