Not that Indiana isn't a great place but I'd rather be where the action is and enjoy summer sports all winter long in the sunshine and warmth. 

Yes, you can buy units in Memphis for $5k per door and I know how tempting that looks for a California investor, but it's a contact sport and you need to be physically present to do a project like this.  

Real Estate is a team sport.

Doing major sporting events once is a bucket list ( low on it, but on it).

Real estate is a team sport and your network is your net worth so the more people you interact with, the more deals and partnerships you can make.

Our area has always been a high demand area as we have lakes, rivers, water falls, mountains, trails, fishing, boating, and ALL types of sports and recreation.

I have built a good amount of risk tolerance through life, sport and financial investments, mostly in stocks ( this helped develop that strong stomach). 

.” – Mayor Greg Ballard, Indiana Chamber of Commerce 2012 Community of the Year Award13th largest city in the nation (Wikipedia)#1 among the top 10 most affordable cities with an affordability score of 95.8% (CNN Money , August 2012)Rated as one of America’s best downtowns (Forbes, 2011)The city is the host to major sporting events including the famous Indy Car RaceIndiana is a judicial foreclosure state

(American College of Sport Medicine)#2 on Forbes list of Best Cities and Neighborhoods for Millennials (Forbes)Texas State Guard stationed at Austin’s Camp Marby – a landmark base that dates back to the 1800s (militarybases.com)

They are also in the process of building a urban sports complex right down the road from Loray Mill.