Even with potential vacancies or slow periods, the demand for rentals should keep things stable enough to cover expenses.Ultimately, I think Memphis is a great place for your real estate investments.

Slow and steady for me, though!

I used AI to help me create an accelerated learning schedule and I believe financing deals is in another week or two out before I really start a deep dive into it but its been on my mind since the beginning of my journey.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Hi Mark,Sorry for the slow reply.

You'd need some deep pockets and the nerves to take on something in range of ~$65m in R.E. acquisitions.

However, since market shift / rate increase even these guys have slowed down quite a bit.Regarding regulation, I think eventually Indy will have to regulate against Short Term Rentals.

Rates are NOT high right now historically speaking. https://fred.stlouisfed.org/series/MORTGAGE30US   Sure, we have gotten used to historically anomalous low rates, but that does not mean we will get back there without the economy slowing down.

I sell mostly turnkey Airbnb properties both subject to and conventional, and the buyers list is deep!

I suspect this lender was just one of the hundreds of crooks out there doing teh advance feescam.If your interested watch the American Greed episode on Remington financial they do a deep dive into these companies..