I try to invest in an option that is heat resistant.  

Cleveland offers ana amazing coastal community, fairly resistant to natural disaster, home to more than a dozen fortune 500 companies, second largest theatre district in the country, fourth best symphony in the world, world renowned chefs like Michael Simon, (3) major sports teams, one of the worlds largest fresh water reserves, rock & roll hall of fame, amazing art scene .... much more....Welcome to CLE!

I started to look in Memphis (and other markets) and she that is when she was most resistant.

The amount of air leakage and thermal conductance/resistance (insulation) is far more important to the size of the system (measured in tonnage).

I think the first lease should be a year so you dont attract transient tenants but after that MTM is better for you anyway and you shouldnt resist it.

You had an offer that you couldn't resist (if you bought it to hold then it probably wasn't actively for sale so you got an unsolicited offer - good thing).My guess is you have other documentation such as rental advertisements, emails with partners, cpas, potential tenants, etc.All that indicates that you may have indeed bought the property with the intent to hold and now need to change your intent due to external factors.  

There was significant long term resistance from late 2005 and 2006 on a 5 year weekly chart right at 2000!

I've already given them the "if they have a financial hardship what would be a middle ground on the increase" but they are resistant.

Have you ever had any resistance evicting the former owner of the property prior to the sale from a JP court during the 2 year redemption period?

You have been excellent tenants and I have resisted raising rent because of that.