They tend to have lower entry costs and attract families and retirees looking for more space and affordability.

In colder climates, for instance, winter months tend to be slower for real estate transactions, which can impact fix-and-flip timelines, rental demand, and even property values.However, not all markets are created equal when it comes to seasonality.

However, I’ve noticed that larger homes (3-4 bedrooms) tend to have difficulty renting as MTRs since most MTR tenants in our area are traveling healthcare professionals, typically renting solo or with one other person.

., assets that tend to produce income for more than a year) are expensed over a specified "useful life." 

Seems like you have learned certain concepts that work but tend to escape even the most experienced landlords.

Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.

Disclaimer: I'm probably biased because I've lived in Indianapolis for the last 5 years :)If you're set on BRRRR, I'd recommend higher-quality neighborhoods in suburbs of Indy like Zionsville, Carmel, Fishers, Noblesville -- they tend to attract higher-quality residents have less crime, and have less surprises than some of the 60-100 yr old homes inside the I-465 loop. 

The more affordable price points with foreclosures the less the discount tends to be. 

However in the future because  of how these things tend to go, I would not have called insurance or a remediation company, I would have just fixed it immediately before it got too bad then warned the tenant not to do it again (and to be fair to them it’s odd that simply hanging a picture would cause a major plumbing leak, the likelihood of that happening is so low) and moved on.

Deciding to be a stay home mom from being an independent career women was a big change for me.