Does that make sense?

Yeah that all makes sense, and I'm sure there was a ton that happened in the background here for the last 2 years since the vote to re-zone failed a second time. 

Does this make more sense? 

Builders can give you some sense of cost and project scope and local officials can let you know if any grants exist for affordable housing, re-zoning efforts, etc.

Hi guys,I am a relatively new RE investor.  I own 2 rental properties and am looking to purchase a 3rd in 2025.  I am starting to look at funding my next deal.  I've done pretty well as a relatively novice investor in...

Another case where common sense isn't so common.My $0.02 ...

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

Now of course, you can make both work here in Memphis, but you've got to be " all-in " in a sense to really build a good multifamily portfolio. 

As investors (buying a home to live in or to house a business we own is DIFFERENT), 90% of sellers will NOT (at least at the present time) accept an offer that makes sense for the investor.  

I was there and we had to work HARD to find deals that made sense.