Memphis offers a relatively low cost of entry compared to many other markets, which can help with cash flow right from the start.

The last few years we have closed many HELOC's and HELOAN's, as it made more sense for borrower not to refinance out of their low rate 30 year fixed loan.Everyone is using the HELOC for different purposes.

The rent is pretty low ($1,900/mo for an entire 2,000 sq ft home Would love some advice or "here's what I did" personal experience.

U can have apartment complex's that are 100% subsidized and those are free market properties NOT low income govie bond issue type deals like we see here.I don't know enough otherwise, so I agree. 

You can still get in at a reasonable price and the rents are high and taxes low.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $450,000

Cash invested: $13,000

Bought this single family in Woodbridge to get out of an apartment in Old Town Alex...

The pandemic fueled low interest rate boom demand has normalized, but the market is still moving.

I think we're in a lull or low point for FL rental properties and there are some potential tailwinds in place for the next few years, so if you can find something decent today, I think there's a good shot it performs well in the coming years.

For example, Fountain Square or the Near Eastside will jump to 30 days on market around Halloween, despite the fact Broad Ripple or Fishers will remain ultra-competitive because of their respective higher demand / low inventory. 

I live fairly frugally, and my student loans from med school are low as I qualified for lots of scholarships and have a great repayment plan.