I have looked into Indianapolis as a possible out of state market given the strong market conditions and growth that the city is expected to see over the next 20-30 years.

How long has it been on the market, what condition is it in, what do the numbers say?

There is a housing shortage in NE areas for the exact problem you think is so simple to fix.

I reccomend using the website below to get exact numbers for taxes in Memphis. https://www.assessormelvinburgess.com/propertyTaxCalculate

This is not an exact science.

Obviously you need something within reason (if not exact numbers) to plug in and figure out if a deal pencils or not.

That's exactly the strat for now, some more Airbnb's and a House Hack for the first half of the year but a House Hack DP in NJ is still 5x more than a DP on a SFH out of state in some markets.

Yes, exactly.

Younger buyers are still eager to enter the market, and as the economy shifts, there is potential for conditions to become more favorable.

Thanks Ty - that's a great idea and exactly what I need!