Honestly, I am not sure if I am looking in this area because the deals are right or because the prices seem low and attractive to a beginner.

I have heard that Memphis is a good market for rental properties, so the idea of building passive income in that manner is attractive to me.  

Any other items that would add attraction to the deal.I am already doing well in the real estate development world, but I feel that there is potential in this other option.  

It's all about building lasting relationships that call for win-win situations.Thanks a lot ladies and gentsCody

Even if the numbers appear attractive.

There WILL be stress as you search for that initial property to buy at a good price, and as you learn how to deal with tenants, get phone calls for a leaky toilet while you're having supper with the family, or that crazy cat lady with pee all over the carpet. 

I have always been attracted towards MFR and see there are quite a few to consider.  

Not to get higher rent, but to attract more tenants and compete with the apartments.  

I hope to sell it next week to a lady who grew up in that area and I will make around $30,000 for a ten year holding period.

The sole reason for the post was to simply start to build a list of potential buyers.I was contacted by a lady who has good income but she cannot get a loan because it's 1099 income.