We can do things that most banks and Realtors aren't able,or won't, do.Lastly, some people just become ashamed, depressed, stressed out and do the "Ostrich Syndrome" which is to say they ignore phone calls, knocks on the door, and mail contact, bury their head in the "sand" and hope it all goes away until it's too late to do anything.Hope this gives some insight.

This prevents the all too frequent getting ready to get ready syndrome that plagues most newbies to the point of an exhaustive failure.Once you've learned enough to get started...Don't be an idiot....GET STARTED.One last helpful tactic to further counteract over learning and winding up in the dreaded Analysis Paralysis trap:1.Once you've identified the exit strategy that you plan to implement take 10 minutes and write out everything you already know about the subject.

Its no secret that Memphis is  a buy hold investor market has been for decades.What I see personally in the past  sellers TK companies and PM was not putting out the best product and or the renters could abuse the landlords.. creating burntout landlord syndrome and continual merrygo round of inventory.since your not building 5 or 10 thousand new houses a year like other markets ( for instance my market in Portlandia will build over 5 thousand new SFR's to accomodate these home buyers)  if inventory is tightening like this.Its becasue.1. 

This is likely the primary reason only about 5% are successful.Successful landlords are a very special breed. its one of the reasons that wholesalers target landlords so heavily they know were the pain points are and burnt out landlord syndrome is quite alive and well in all markets. 

I don't know if that's the shiny penny syndrome or me wanting to expand my tool arsenal.

I am extremely ADD and I call it the shiny penny syndrome.

In other markets were there are still more houses than butts to put in them or demographic shifts or employment shifts there is inventory to be had.. along with burnt out landlord syndrome.. which is a high value target for cash buying investors like yourself.. 

Avoid the "shiny object syndrome" by narrowing down your niche as soon as possible.

I may have shiny object syndrome... but I loved this idea so much when I heard it that I signed up the next day to get my notary commission (6 hour course to become a Notary Public in California, signed up through the NNA website). 

I think a lot of us, become anxious for diversification, shiny penny syndrome, multiple streams of income to the point where we are focusing on so many things that not one of them gives us the life we want.