It sounds like you’ve navigated some serious challenges while staying committed to your long-term investment goals, which is a testament to your resilience.The current market definitely presents challenges, but it also holds opportunities—especially for investors who take a strategic, long-term approach.

Sounds like the property is in Memphis, there are a ton of PM companies out there who will do this for you.

Sounds like he was feeding you a line of garbage. 

@Vessi Kapoulian - You're right, the local market knowledge is irreplaceable when it comes to underwriting and making sound investment decisions.

@Charlie Green Sounds like you have a knack for finding the diamonds in the rough (I have a similar client in KC).

It sounds intriguing and like it could be a another good source from homes since the MLS has been pretty dry lately/hard to make houses pencil out for flips.Is buying from auctions a good idea?

It sounds like you're on the right track!

Quote from @Brandon Snyder: Adam, that off market inheritance lead sounds like a perfect opportunity for a first purchase.. especially since you’ve already built some rapport with the seller’s family.

If you want to close with cash, it sounds like youre going to have to liquidate your collateral or borrow against it, which will likely be more expensive that a mortgage.

Sounds like you've got a great mastermind!