I am here to learn about Memphis fix and flip market.

This hands-on approach could also give you more flexibility to adjust to market conditions, like listing at the right time.Lastly, even though you didn’t invest your own money in the deal, building relationships with your private money lenders and owner financiers for future deals is key.

Study the market.

There are more factors to consider here but from a surface level, it seems your $ will go further in another market or perhaps locally with a different property type (i.e. small multifamily).Lastly, I like @Andrew Jennings Freerks' point regarding claiming hardship or another workaround for keeping your unit as a rental.

Hey Scott,Yes, house hacking into a new place and holding the duplex a couple of more years is one of my top options I'd say as I figure in 2 years I will also have the experience to be approved for commercial property as well as more equity assuming the market doesn't tank!

A duplex is a great way to get your feet wet in multifamily investing, giving you two rental incomes under one roof, which can be a great balance between cash flow and passive income.I’d also suggest looking at markets that offer solid rental returns.

I personally have never known a bank to sell a property off market.

The appraised value is exactly what I estimated, as well as the market rent and expenses.

If you need guidance on market opportunities or funding options to kickstart your journey, feel free to reach out.

Whether it be in the Northeast, South, wherever...I'm looking particularly for the difference in market rent for a drive thru vs non drive thru location.