Common questions I have been asked or had investors ask PMs while touring properties with them:What do you see is the biggest hurdle to your operations today?

@Andrew Jessup It's extremely common for the family trust to initially own the real property and then to transfer ownership into an LLC for additional liability protection, with the LLC owned by the family trust. 

I love Seattle, but I did noticed it has very high prices, similar to where I live in California.  

The flip side I've noticed is they're usually personally guaranteed which may or may not be a deal breaker for people

As a real estate broker here in South Florida, I have recently observed a noticeable trend in the real estate market: an uptick in what many are referring to as "Price Improvements" on property listings.

However it is not typical or common. 

I've been here since 2007 (but only started investing in SFH recently) and have definitely noticed that when I see a duplex, tri, quad, 8+ they all seem to be in rougher neighborhoods...that being said, I myself definitely want to find some and may end up relying on off-market deals to find what I want.Let me know if you learn anything new about multifamily here in Memphis, I'd love to understand it more as well!

I'm particularly interested in understanding:- Key renovation aspects that meet Section 8 standards- Common pitfalls to avoid in the process- Any specific features or improvements that are highly recommended to facilitate a smooth inspection and tenant satisfactionAny advice or a checklist you wish you had when you started would be super helpful.Thanks a lot! 

I also noticed the area where I am looking to invest the rents seem to be dropping. 

One thing I’ve noticed is that the Midwest in general offers strong rental yields compared to coastal cities, where property values tend to be much higher but returns are slimmer.As for local networking, I'd suggest tapping into local real estate meetups, the local chamber of commerce or investor groups.