If you're looking for more information on Memphis in terms of statistics, check out the link below:http://www.bestplaces.net/city/tennessee/memphisUnderstand that this represents Memphis as a whole, which would mix the good and bad areas.

@Tony VelezThe 50% guideline is simply a statistical observation: looking at a sample of rental properties, over time the operating costs run approximately 50% of the gross revenue.

If you decide to focus on a particular area make sure you get the statistics of Sold Price versus List Price for the pocket.  

I don't know if they incorporate non--MLS rented properties in their statistics but  in our area you would get a falsely high rent if you only use MLS. 

Hi everyone, I've been doing some research into demand and income statistics for AirBnB locations around the globe.

Lots of words...no substance...Let's make this easy...Point me to ONE legal case where a wholesaler was penalized specifically for buying a property for cash and turning around and reselling it at a higher price to another investor (without committing any other violations, like fraud or brokering without a license).If you can't provide even a single example, I think it's safe to say -- STATISTICALLY, not just my opinion -- that this doesn't need to be a serious concern for wholesalers.Until then, it's just opinion without any substantiation...

The present values being on an after tax basis.This is a rather simplified approach as there are other models that are statistically valid. 

Good statistical info here -http://www.propertyshark.com/Real-Estate-Reports/2015/09/02/infographic-the-hottest-real-estate-markets-right-now/

If you abandon the golden rule and treat your realtors like the scum of the Earth you seem to think they are, then I'm not surprised by your bad experiences.I think the Pareto principle applies in real estate just like it does in any field, with 20% of the realtors causing 80% of the problems, and 20% of the realtors doing 80% of the business - and these statistics have been verified by NAR to some extent.

I forget the exact statistic, but there is a good sized percentage of credit scores/histories with mistakes on them.Heck, I currently have two past 30 day late payments on my Home Depot credit card.