My first investment that wasn't my primary residence was a SFH about 15 minutes from my current primary residence that I use as a long term rental.

There's Bakerson - Ruben Greth, that usually focus on much shorter holds, 12-24 months.

However, your observations about 32209 and 32206 having potential in terms of price and rent ratio are a good start.  

Bob - My goal is long term buy and hold primarily as an investment but I'd like to use it 2-4 times a year for probably a total of about 20-28 days a year so less than 10% of available time.

I am not a fan as it would not give a homey feel or look.Anyway, I would love to hear cost-effective ideas for either the long term, short term, or both.Thanks for your time.

One of the awesome parts of the Jacksonville buy and hold market is the appreciation and the affordability.

., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

If you hold it long enough, it will increase in value through appreciation and you can sell it for a higher price.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

3.Hard Money Lender – I’m aware these loans are based on the value of the property and not your personal situation, but the interest rates (10-15%) and short repayment terms are a bit intimidating.