For everyone interested in understanding the Memphis, TN market conditions I suggest subscribing to the Chandler Reports Below is their report for August:"August Real Estate Update Home Sales Memphis and Shelby County home sales continued to improve through the summer.

I'm not sure if location or how long the loan would need to be seasoned, if at all...but in theory this would allow you to continue to acquire multifamily properties and the only stipulation would be that you have to move every 6-12 months to satisfy the "owner-occupant" requirement.

Any help with this would be greatly appreciated as I continue to look into my first purchase.

If so, ask if any documentation is required to continue as such.

Both of these are like slightly less well off continuations of their neighboring suburbs, and don't have excessive amounts of blight or crime.2) I'd recommend a single family for your first investment.

See NC REC case file D13-0168 for the grotesque details about what happens when a state governing body hands a convicted habitual felon a license to continue to steal from the public. 

I have made things "work" for a while now, continuing to learn as I go, but I keep running into property management that gives me bits and pieces of info and insists that my units are "difficult" to keep renters in.

But that I would continue to market and show the property.  

I will continue to study up and hopefully be in a position soon to purchase the right investment. 

I'll continue to look but now for non auction homes.