I did what you're doing and spent time evaluating areas based off of diverse job economy, growing population, purchase price/rent, public and private sector, etc., and we landed on Memphis.

We are prepared to fund the rehab and have down payment $, but having a hard time getting bank financing in the Hospitality Sector right now. 

There are talented operators that have and will make money in this sector.

Building a solid business plan and financial buffer can help mitigate these risks.Education and Licensing: Depending on your location, there might be specific licenses or certifications required for contracting in the real estate sector.

The house is in a very good neighborhood & these tenants made very good income (tech sector). 

When working with other professionals in the real estate sector, most have a general understanding of how transactions work, creating an alignment of interest.C.

I'm familiar with OKC's strong oil and gas sectors, but curious to understand why OKC is considered a "recession proof" city by some.Is crime a major issue throughout the city in your opinion?

Family offices included in this study had at least a $500MM net worth.On average these family offices had 9% of their investable cash into real estate and infrastructure.Within the real estate sector, 30% of family offices reported they plan to increase their exposure to residential real estate in the next year.Another 30% are looking to maintain their current exposure to residential real estate.Multifamily was a specific goal for some family offices because of the mixture of low supply and high interest rates which have made housing affordability more difficult for residents.

I have a few opportunities for investing in a non-traditional real estate sector many with a lease in place (from Fortune 500 companies).

It doesn't make the entire sector bad or wrong.