There is no real estate investing culture either.I would like to be corrected if someone disagrees ;)  

He was certain this was the way to build wealth.  I

Most of my wealth is in retirement savings, a taxable investment account, and my house.

http://www.biggerpockets.com/forums/79/topics/13370-monica-main-wealthy-heirss-scam-

But if you can project perceived value, then maybe you attract more wealthy customers looking for things they can afford?

The city's diverse population and economic stability, thanks to major industries like logistics and healthcare, also play a big role.Memphis offers attractive rental yields and a vibrant cultural scene, making it a great place for both renters and investors.

From what I read, most people are moving into FL, TX, NC, SC and TN.In my opinion, the best weather conditions of the above 5 states is within NC / SC.Also, i think a lot of wealthy people are moving in NC.Best of luck with your move.

anything pop culture could be quickly non trendy in a matter of minutes. 

They are 100% appreciation plays, that’s where the wealth is.

. - Read "The Wealthy Gardener."