Looking for investors here in the Memphis and north Ms area.

@Thomas WassmannYour advice, well perhaps genuine, is in appropriate for Ms.

Literally just had this issue come up while purchasing a new property in Mississippi which I believe probably has the same problems as Florida.

I remember one house in jackson MS i had a loan on and my borrower had a tenant in there and she was from LA and was starting to waffle on paying me so I happened to be in Jackson and swung by the home.. there was a moving van you know moving the few furnishing most tenants have and of course the big screens..

I live on the Mississippi Gulf Coast and have always had a passion for real estate (I get it from my grandpa I believe).Anyway, here is a rough game plan for how I want to build my business.

you can try ms access and create a file for each property and then fields for which leg of the journey you're on. 

I have an excellent relationship and experience with my PM in the Mississippi market and they do fill the properties very quickly and with great tenants.

Find somewhere off the beaten path...Jackson MS, Fayetteville AR, Tulsa OK, Omaha NE, SE Wisconsin...Good Luck..if you want to PM any questions about how I vetted people and different companies or just general questions from someone new at this too, please feel free!

So no one was shot in Chicago, ATL, NYC, Washington, DC, San Diego, Austin (Texas), or  Meridian, MS? 

and "lets assume" and "this is hypothetical" - [b] i dont have any situation. i'm just a graduate student (BS Finance, MS Accounting) and i was reading Fortune's article on post retirement planning and it said something about reverse mortgages for those in need of cash flow, so i went on the internet to sort this out for myself.