Memphis can actually be a great choice for real estate investing, especially for someone with your situation.First off, property prices in Memphis are much more affordable compared to markets like CA, so with $50k, you can actually make a bigger impact.

Third, if they have $2bn of agreements (whatever that even means) why haven't they actually started building anything or even closed on the land.  

thanks. you will spend more time trying to figure out whether or not its required than actually completing the form. it takes five minutes. 

They may take an interest.Some of those people might actually be more aggressive about enforcing existing laws.

Congrats on achieving a comfortable financial situation.Condos are actually riskier than single family rentals. 

More of a re-set that seeing the numbers (prices) at which my comp set actually books- leads to.

Flipping is actually more a business than it is investing and you know how much goes into that.

My two cents would be to wait to put it on the market until a lot closer to it actually being ready, if not once it's ready for move-in. 

I don't know if this is actually in an A or B neighborhood, but would a duplex like this interest you: https://www.realtor.com/realestateandhomes-detail/116-Regent...?

Double close: You do actually purchase a property and then sell it the same day to another buyer.