Memphis has been a hot market for investors due to its affordable property prices, strong rental demand, friendly landlord laws, and steady job growth—all key fundamentals for cash-flowing investments.As an agent that always works with out-of-state investors, I know how crucial it is to have the right team in place.

They also tend to offer good cash flow relative to their cost, especially in areas with high demand for affordable housing.

I came up with a goal of having one property by the end of the year that cash flows at least $100 a month after all expenses.

Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?

Purchase price: $450,000 Cash invested: $680,000 Sale price: $1,380,000 Bought a tear-down prop.

From a financial perspective, the numbers look attractive—many of these properties show a Cap Rate of 6%–8% or more, which is quite decent.For example, if a Dollar Store property is listed at $1.2 million with an average Net Operating Income (NOI) of $90,000 per year, financing 50% with a 6.5% APR, loan would still result in positive cash flow from day one.

You can do a cash out refinance and pull equity out that way.

Purchase price: $325,000 Cash invested: $50,000 This time I acquired a property that needed little to no work.

Quote from @Roland VanLoan: Were you able to find a property that would cash flow? 

And then there's any cash-out component.