Just stay out of the higher crime areas of Memphis.  

Staying updated and having a good insurance broker is now a key part of your core five (4+1).

@Allende Hernandez what happens if one or more occupants move out and the others stay?

Stayed afloat (barely) through the pandemic with NY properties so i've seen it all at this point. 

I don't see them showing up or paying any of the back rent that's due to become current if they wanted to stay.

@Amir Portal  I think you should stay open to all areas. 

But stay active doing SOMETHING.

For Airbnb, do i allow STR stays for the next three months and then block out the calendar beyond 3 months for MTR stays?  

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

Quote from @Johnny Lynum: Quote from @Billy Smith: I like SFH in the A-B area rent it you do the  upkeep  doing as much as possible your self to help max your rent out .I like to pay down the note as fast as possible .If in a C-D area I would flip the SFH wash your hands of it.SFH are generally easier to unload if you get in a cash crunch, I like staying in the first time home buyers level of a SFH  keeping it in a hot zone .If I were a BIG fish I would do deals at various level's of course after  doing the home work .