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

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

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.

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

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.

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

There are lenders around the country offering those products.

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

@Nathan Frost typical for Detroit, that's why we offer our clients several security options, including removing & storing mechanicals when vacant and then reinstalling day tenant moves in.What makes you think the seller will install new mechanicals?