For the mostly passive San Diego RE investor, you will need to be patient to achieve worthy return.  

This was another great tenant.Regarding Zillow applications, I differ with Kevin's experience. 

From leaving my home friends and family I met some really good people and I hoped to share that experience and learn more about realestate in the process How did you find this deal and how did you negotiate it?

What is the experience with this program - Pro/Cons, watch outs, etc?. 

Your experience is not normal for Memphis and not normal for this zip code.The 38109 property is likely an absolute no-go for out-of-state investors. 

I'm an investor and a licensed mortgage broker so I'd be happy to talk through my experience as both.

I haven't ever found an easy money scheme and in my experience when everyone and their uncle starts jumping on the bandwagon it might be time to take a step back and wait for the correction.  

My experience has been that most lenders don’t immediately move on this, many don’t take action for 6 - 12 months.  

@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.

I don't have experience renting in California, but if your competition includes it, I'd probably want to consider it too.