Hey thanks for the response and yes i am staying on the other side of a side by side duplex and would like to renovate my side and the other side !

Just stay out of the higher crime areas of Memphis.  

Possibly staying in a place for a year, possibly in a smaller unit and moving on and renting it out.

our tenants will stay 1-9 months typically.  

There are more factors than just the community (#beds, level of theming, location to the amenities, style of home (single family, townhome, condo) and others) But I would strongly advise to stay within some of the same communities you mentioned like Storey Lake, Windsor Hills, Championsgate and a few others if cash flow is your goal.

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

I hope someone in Sub2 community who financed purchases of the homes they sold could share in few bullet points how they accomplished it, while staying compliant with Dodd Frank and Safe Acts.    

This way the taxpayer stays the same so it can do a 1031. 

You want to make sure they are at or below 5% to make sure they are able to stay solvent.

I have a house for her to stay in.