here is the address of the corporate office...You make your own decisionhttps://www.google.com/maps/place/3614+Fred+Beard+Rd,+Maiden,+NC+28650/@35.5899301,-81.1950009,3a,75y,76.46h,90t/data=!

There's an omnipresent, ubiquitous brutality to life in general and running rental real estate in  prticular here that just doesn't translate well into metrics and data. 

I posted several blowing holes in every new variant of this scheme you dreamed up.I used to build depreciation amortization tables for billions of dollars of assets, was head of balance sheet policy (large chunk of which was amortization) at a Fortune 50 company, and am currently a data scientist doing math literally all day.

Personally, I’d review MLS data, Zillow, and consult with a realtor to determine an accurate ARV.

The real work is locating these properties and I've learned the best way to do this is to work in towns/areas that have online GIS systems that map; topography, wetlands, soils, etc. and assessors data available for download either from local sources or listsource.com.  

We have data to look back to for direction on our path forward, do we not? 

There is really no data on this so most of the numbers are just proposed.

What other data should I be watching?

With your $50k to invest (and access to more), you could quickly scale your portfolio without stretching yourself too thin financially.Memphis also has a steady rental market, which is driven by factors like population growth, job opportunities, and a strong economy.

First off I always question statistics when there is no possible way to gather the data for the referenced statistic.