JPY future is usually 1 of the most liquid currency pair and this should not be the case unless there is a tremendous amount of stress in the market.3) The market action in totality and the Fed reaction tells me a lot of players are hurting for cash/liquidity and many are facing forced liquidation in their positions, but many are also afraid to provide the liquidity due to their VAR (Value At Risk) position limits (thanks in many way to Dodd Frank regulations) and the widening of volatility and bid/ask price differentials. 

There are an increasing number of bigger players looking toward Memphis for similar reasons you are.

Big national or regional players know their impact as an anchor and will have limits on how much property taxes (they immediately go up as you laids more that the seller), hvac R&M, parking lot care, roof, etc…

This is why you see a lot of the big players that have integrated their rental operations into a property management operation. 

You can do this through REIA meetups, setting up keyword alerts, and just sending messages to active players in your market. 

Also that gray area often gets defined by the player's negotiation skills.  

@Corina Eufinger makes a great point about the polarizing effects your name could have.The positive side of that is that if I'm looking to invest in Austin and I see buyfastAustin I know that you're a dedicated player in the market rather than just a large broker looking to move anything they can. 

The lender's investor is Chase, who he says is enforcing that $1M limit and as a big player their limit is likely a standard.

And it is ideal for the attorney or accountant because it provides not only easy income, and good brand-building, but it also keeps them in touch with what the real players in the market are doing every day.Just a thought.But this vague idea that a new real estate investor should "assemble a team" before starting to invest is ridiculous.It sounds good, but how does it work?  

Lenders take kindly to a good employment record with W2 income, so that's been beneficial.My real estate investing is at the grass roots level, interfacing with tenants and participating as a community player to enhance the livability of our community.