Hi all,I’m currently evaluating great markets for SFH investments and it seems like two that are consistently popping up are Memphis and Birmingham.

I have had one for over 5 years that consistently gives between 11 and 12%.

There is also built in principal reduction to the mortgage if you do this consistently as your monthly surplus is being funneled towards reducing the HELOC balance, which is why sometimes it's called an accelerator technique. 

The water comment by Sherman makes no sense, as my rentals do just fine(netting 12%-14% consistently year over year and none of them are near water). 

I like Jacksonville because of its consistent job growth, Austin for its recent population boom and Indianapolis for its low prices and high ROI.I also know that I would like to invest in single family homes renting anywhere from $500-$1000/month for homes costing anywhere from $30-65k including renovation costs.

I am a saver and am consistently saving 20-25% of my pay in order to achieve my goal of investing in real estate.

Real estate sales or commission based gigs are great but don’t provide consistent income for investing for the first few years.

If you figure 7 million. it’s another 1.1 million in 3 years versus 1.4 in 5 years, pretty consistant actually.

Consistency is key, good luck!

Also, these properties have a lot of debt on them as well and the commercial spaces 5 out 11 of them are rented but tenants don't pay consistently to the owners and the big problem is "there are no tenants in any of these buildings for the residential.