Most of the ones I bought had existing tenants and almost all were paying below market rents and way below market rents.

Also looking forward to sharing some of my experiences form the last few years in this market. 

Many out of state investors look to the Midwest/midsouth to capitalize on the opportunity in these markets. 

I am in the Memphis, TN market, so we aren't far apart. 

I'll give you some numbers for the MTRs we manage in Los Angeles.1-2 bedroom MTRs stays are 1-3 months3+ bedroom MTRs stays are 3-6 months, but often start less than 3 months and extend their stayMTR marketing falls in 2 buckets.

Having worked with 1,000's of investors to Broker the properties I sell in my local market, and having worked with dozens of Property Managers, Turnkey Providers, Agents, Property Management Software Companies, Lenders, Inspectors and various other investment real estate vendors to market their products and services on my show, the one thing that stood out to be was the CEO Zach's obsession with the biz.In real estate we've get a lot turnover, a lot of flameout.

OTM = General, overhead/widescreen view of nationwide market tends.BPRE = Detailed ways specific people are making money in real estate.

Micro-markets are like checkerboards across larger markets. 

Some highlights of the article: - New listing increased 11.3% year over year from Jan 24 to Jan 25 - 8204 homes listed for sale in Feb by 32.7% over the year - Highest showings are Matthews, Huntersville, Waxhaw, Charlotte and ConcordEven with inventory increasing, levels are still under 3 months indicating its still a seller's market.   

Typically on market (retail) SFH rent is at ~0.5% rent to purchase price ratio.