This can help you greatly with the additional depreciation.Ultimately, med to large MF and small 2-4s are totally different products. 

Memphis has a diversified economy, with major players in logistics (FedEx, UPS), healthcare (the Med District), and education (University of Memphis, Rhodes College).

Have you thought about targeting mid-term rentals, particularly given the med school proximity, or STR given the hotels nearby?

It's currently renting for $995 to two married Med School students with good income and good credit scores.The biggest point here: NEVER WORK WITH MORRIS INVEST.

No no no, Engelo is an Aussie, he knows better, The Med is where ya go when have "F-U money" lol. 

@Dina Schmid if you are downtown and have a larger property you can do 125k plus a year.

is med basically its only use case for filling with new tenants? 

Hi @Dina Schmid,Thanks for the article, that’s pretty aggravating.I don’t know which plan she is under but I’ll check.

It is an ideal location (close to downtown, med center, U of H) and there are many upgrades throughout the home.

It is also why such neighborhoods are most likely to appreciate because those who own properties in these neighborhoods are on the correct side of the supply/demand equation.Since your post is focused on Philadelphia, the city has good fundamentals...strong Ed's & Med's, good accessibility to both NYC & DC, own port, international airport etc.