Mississippi has a cap on late fees, and the allowed amount hasn't encouraged them to pay on time.Thanks for your help!

I have a BRRRR project in Southaven, MS. right now and maybe another one in Olive Branch, MS.

and rents in those areas of the mid west deep south rust belt are still 600 to 1200 for decent homes or apartments. the other alternative is look at Katrina what happened there most that were displaced were low income .. and fema came in with thousands of trailers.. but a lot of those folks migrated as well as there simply was not adequate housing and it could not get built fast enoughthey went to Jackson MS  and Houston TX  we saw that at the time with our Jackson MS portfolio. 

I currently have 1 rental in Gulfport MS which I am doing some minor repair then selling and looking to 1031.

Hi Armando - I own 2 properties in Jackson, MS.

It isn't so much a tax benefit but if you invest in a place like Mississippi you often can't get loans for the cheaper properties.

I'm a realtor in Mississippi.

The whole thing was done using just MS Paint.  

Areas that I have bought in times pass has been primarily Texas and Mississippi.

Well Ms Farrah , as within my construction company the first thing we did was define roles.