I don't operate in that market; so, I can't tell you for sure.Right now Memphis is undergoing public school reforms where many of the municipalities are building their own school systems.

They also seem fat enough that you that you should be able to cash flow even with a pricey 30% 2nd on it.

@Scott Sewell are you calling me fat?

That will make a difference in how fat it might be.

MC used to have some of the best schools in the state and the strongest real estate market trends; these days, they don't have a single high school in the top 20 in the state and the real estate market has stagnated relatively to other wealthy counties in the area.While I'm not presuming this is the sole reason for what you're seeing, it's interesting to note that MC is undergoing some changes. 

Low Comps in the area for this kind of home are $90,000 so with those figures I want to offer $43,500 (fat chance of acceptance I think).Do I go through the broker or whomever to submit a bid now?

Owners of resort vacation properties are viewed as fat cats, and its like painting a target on your back.

Fat fingers, small keyboard.

The reality is contractors are motivated by money and retail jobs give them a fat paycheck for profit.

Using asset income management I consistently increase my income and simultaneously lower my taxes legally.So while fat bureaucrats concoct more ways to dig deeper into the wage earners incomes, savings and retirement accounts, you could and should do all you can to shrug off their chains and push out of the rat race.