I'd love to give you some insight into what the Memphis market might have to offer you depending on your goals. 

A 1031 also adds complexity and timing pressure.Watch Out For:Opportunity Cost: Renovations tie up cash that could go toward other investments or reserves.MTR/STR Management: These models require more time and effort than LTR, even without a property manager.Market Risks: WA properties may appreciate slower than expected, and higher costs could reduce your margins.If cash flow is your priority, option 1 (renovate and STR/MTR) likely offers the highest upside.

One thing about Florida, make sure you know what insurance will costs on a property before making an offer.

Hughes Private Capital offered a fund which was Guardian Fund LLC that purchased properties.

I’m not sure why traditional agents offer any special litigation protection.2.

However, though I don't know the actual numbers it seems like the home would offer so many more amenities I would enjoy as well.

I had this come up on a house I was submitting an offer on.

These companies handle property acquisition, renovations, and management for you, offering a more passive approach.

You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.

Do you use the historical selling prices to inform your offer?