That’s why I asked—it seemed unusual to discourage him from NYC investment without further explanation.FOURTH: Now that I understand your perspective, I still respectfully disagree.

From a residential sales perspective, I think it will go up by virtue of life events (family formation, etc.) but it will be a wash.Those that locked in a high 5% to low 6% interest rate in 2022 will now be gearing up to move because they aren't locked into their rates like those in the sub 4%.

@Sarah Taylor From a tax perspective, you would lose the STR tax benefit if you expect paper losses from the property.

@Jack SeidenThank you for the realistic advice, it’s really helpful to get an honest perspective.

Thanks again for your perspective—it’s guiding me toward a more refined approach!

Thanks BP Community,CameronI’m currently living in a live-in-flip property that was seller financed, really useful when you max out your DTI from a lenders perspective. 

I definitely see the different perspectives such as Samuel's as far just taking it down myself.

Definitely a perspective I had not considered! 

While the perspectives he and others share are valid, they can sometimes turn into trash-talking banter, which detracts from the core values of BiggerPockets.

Alot of Memphis residence are moving into the area because of the better quality of life and opportunity opening up thats new and fresh as compared to plain ole' Memphis.