What color are you?"

I don't think the police officer was correct. 

Also, let me know if these numbers seem correct.  

You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.

IF you decide to move forward in Memphis, recommend buying the first one turnkey to get you going.You'll learn a lot about rentals and the market with the first one.THEN, if you like results you can look for agents & PMCs to help you buy more and save the 20-30% markup you mentioned.Recommend you also read below info to set your expectations correctly:_________________________________________________________________________We think the Midwest is a GREAT place for OOS investors to consider!

Matt, Still haven’t gotten mine done and the business extension only goes still Sept 15th if I’ve been informed correctly.

If things go wrong on a $500K flip vs $1.5 million flip it is much easier to correct and you risk of losing money or not making the profit you want is quite a bit lower.

I'm going to have take a little time to wrap my head around it but if I'm understanding things correctly this is a very interesting opportunity.  

I think Natural Gas dryers have 110V outlets but electric only dryers are 220V w/30 Amp breakers, if I'm remembering correctly. 

Quote from @Damon Albers: Hi Chris, Not sure you have the correct address.