This also leads owners to ASSUME simpler is better when it comes to management contracts.

These are not great investments and while the experience is not typical for Memphis, nothing I've read or seen should lead you to believe your experience will improve.  

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."

Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.

An efficiency kitchen would be easy to put in as well as a door leading outside.

I am on Bigger Pockets looking for everything: knowledge, partners, leads, financing, and other team members. 

This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...

This often leads to complacency which is seen by the trail off of attendance at these meetings.

Nobody owes the affordability being a right, and globally markets perform at a much wider ratio for median income:household, however, America is very local and industry specific.

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.