Property manager:    General wisdom is only talk to the owner as much as possible. 

This can also bolster your case if the tenants continue to act in bad faith.

This isn't to be contrarian, it's just not to deal with saturation.If you know these markets, continue to invest.

@V.G Jason"PS before you dismiss this as liberal, communist, socialist talk."

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

Quote from @Rick Albert: I would talk to someone who understands this and explains the probability of success.

Daniel,Memphis is a great market for investors and we have continually seen growth in both rental rates and property values. 

I'd love to talk more virtually or over coffee and answer any and all questions you may have!

You might want to talk to a banker and real estate agent before deciding.

.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?