Stick to Your TypeWarren Buffett once said, “The difference between successful people and really successful people is that really successful people say no to almost everything.”Apply this principle here:Decide on your property type.Say no to anything outside of that type.You can always pivot down the road, but starting with focus is crucial to building momentum.

It's great that you're focusing on building a solid foundation before diving into real estate.

But if you/your team like to spend some time building your own flow, feel like it's better to build it on go high level directly. 

It's called building bench strength. 

And because it’s a logistics hub (FedEx HQ, major distribution centers, and growing industries), rental demand stays strong.I’ve been in Memphis my whole life and have spent over two decades helping investors navigate this market and build profitable rental portfolios here.

Quote from @Jaron Walling: @Kane Spangler There's a since of pressure to build or buy RE in your post.

If you want to build your portfolio and its a property that is already making money, why would you want to sell it?

With regard to my parents, I want a good relationship with them so they can build my credit history.

I am currently looking to build a spec home and use my equity to help finance the build.

Success in this business comes down to consistency and building strong relationships.Let me know if you'd like to further connect - I'm happy to provide any guidance.