In general, guests have a lot of options, so you need to provide a truly unique experience, if you want top dollar.At the price point you mentioned, you either want to be right by the Pearl or buy a very large property out in the country.

I would like to see a followup article that cross references these locations with landlord friendly states, average purchase price of 1 BR apartments, and maybe something like regional appreciation over the last 10 years or so.

It was a flip, and they opted to add about 400 sq ft to the former garage to make a pretty spacious ADU which was pretty unique and appealing.I closed on the property literally days before the lockdown, so it took until July to find qualified tenants. 

Hi Everyone, I'm hoping someone can help out on this unique situation.

It means that not only is it rare, it’s unique and genuine.

I too will be building from scratch but it's because we have unique constratints and personal interest in the layout design. 

Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOCSCCU Florida 70% LTV, 6.25% interest only, not LLC TD BankTIAA Direct was EverBankTower FCU, all states except TX, max 45 DTI, green card ok.

The realtor (referred by my wedding DJ) I bought my primary residence through 18 years ago knew I was investing in rentals and kept on sending me unique properties.

Memphis is a very unique market and think having experience as mentioned above in knowing the areas and neighborhoods to buy will is vital. 

Our regions growth largely didnt start til the Kennedy administration, while other metro areas with ample multifamily housing stock had large growth during the 1800s to accommodate a large influx of European immigrants.Out entire metro area averages only 200 multifamily sales per year out of 70,000 home sales per year