I have offered that and they do not want to carry anything for more that two years.

I am hoping some short term rental owners and possibly locally to you will chime in and offer any information for you.

You'll get tons of resources and contacts- Nashville Wholesaler/Investor 

Welcome @Hogan Chouinard,Memphis is a city with a strong workforce that offers low-cost entry and provides consistent cash flow to investors.

The on-island local contact doesn’t have to be a licensed real estate professional, unless he/she is also involved in real estate activities, like renting or offering to rent the property.And I've had at least one client do cost seg - if you'd like a couple referrals, you're welcome to contact me directly. 

It's not uncommon for buyers using FHA products to face rejected offers or the need to significantly sweeten deals to compete with those favoring conventional loans.

The motel we offered on was utilizing Airbnb solely for rooms, and I think there’s good opportunity to utilize STR OTAs and hotel booking sites to bring in customers.

He’d then make offers on property for sale that advertised or indicated seller financing available - using one or more of these lots as a down payment (exchange) - at full assessed value.  

It's the same everywhere.Just include in your offers a term that the seller pay your agent from their proceeds. 

At the beginning, if you have nothing to work with - which is just about true if you *can't* pay all cash for a property (and I'm not saying you *should* pay all cash, just that you don't have the resources to do it), you should expect your returns to be paltry.