I’m continuing to invest in real estate while also helping others achieve their real estate goals.

Pace has built communities that work off one another to achieve success.

Just my 2 cents.I think there is a balance. 

Plus, Tennessee is a landlord-friendly state, which makes it easier to manage properties compared to more restrictive areas.There’s also a growing community of out-of-state investors looking at Memphis because it offers a great balance of affordability and return on investment.

Even if you know the owner like a brother, you need to do your checks and balances.

They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.

Quote from @Michael K Gallagher: we've generally seen a more balanced market here in central OH. 

This is a tool that is supposed to achieve a competitive advantage in the marketplace, which will allow you to outperform the competition.Thus, if you are OK with me being nice, I'll repeat myself and tell the newbie OP that I think your tool is fine to use and learn from.

Once you purchase the property, you can look into doing a cash out refi to pay off the HELOC balance. 

I believe he just sends his guys in and tells them fix whatever needs fixing and take as much time as you need with no checks or balances.