@Dock Newell Jr Great choice picking Memphis to invest in!

However, before consulting with these professionals, we are taking the initiative to educate ourselves so that we can ask higher quality questions and ensure we are making the best choices for our future.

I live in the Virginia Beach area, but I'd be happy to chat about the market and the construction loan options that are available (lots of challenges with these) and of course a mortgage broker is who you ultimately want to talk to about loan options based on your goals!

Honestly if you just treat it like would I be ok living here if I had absolutely no other choice, you will be fine.I love my section 8 tenants.

My ultimate goal is to make profitable deals and achieve financial success through strategic investments.

And the biggest drivers for changes in yields in Treasury bonds are economic data that informs investors’ guesses about future decisions by the Federal Reserve to increase or lower the ultimate benchmark rate: the effective federal funds rate.

There are plethora of landlord platforms that force you to use their own 3rd party banks to deposit rent and charge $2.5-$5 per transaction to directly ACH into bank of your choice (ex: I love Chase Bank).

It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

Ultimately, these decisions are based on your own lifestyle & goals.Good luck Whitney!

Your choice, but it is not reasonable to expect to pay lowest rent and living in above minimum maintained properties.