However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

This isn't to be contrarian, it's just not to deal with saturation.If you know these markets, continue to invest.

Daniel,Memphis is a great market for investors and we have continually seen growth in both rental rates and property values. 

I am also talking about Elite Funding Group.

Are you going to continue your investing locally? 

Good question - when Bigger Pockets leads reach out to us via out of state, we first define your specific goal with the BRRRR and talk through specific cities/areas that could lend itself to accomplishing that goal.

This should have been talked about or done MONTHS AGO.

It's tempting but that 150-200K you're talking about today will be 500K+ 1 day.

If they do a lot of these, maybe they can help you talk through some ideas. 

With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit).