The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

Your best bet is to find one that has flexible membership options, without high spend requirements.

Hey @Mike Pepperday, AirBNB and VRBO are your best bet to see what kind of demand there is for STRs in general.

I think you're best bet for private money is going to be to network at the meetups (Red Stick REI, RING) and on FB/here.

Your best bet is to read information from public blogs that approach both options objectively.

In fact, I would bet that the only stockholders that would have enough clout to move prices, such as pension funds and the like, would probably appreciate a bank that maintains clear line-of-sight between the note holder and mortgagee. 

I could have found the money I bet, but I was scared to be a landlord.

There are way better and safer things you can do with your money.

It seems like investors strongly bet on appreciation here which I dislike.

Memphis has a steady, growing economy, and there’s always demand for rentals, which makes it a great long-term bet.