I knew it was a long term play as well, and wasn't looking for something immediate with them.

Unfortunately, ther'es no guarantee, because there are a lot of variables at play here.

Boomers are looking to retire in masses, so you have a huge pool of potential sellers.

I would consider it, but living and knowing the Memphis market, the purchase location plays a big part.I see that this was posted in 2010, so I am assuming you have had many replies and probably don't have the property any longer.Tommy DouglasTDHomes4U LLC

PLAY YOUR CARDS CLOSE TO YOUR CHEST.

I spent quite a bit of time in the Jackson area playing MRA, JA and Prep back in the day.

Playing an appreciation game can be risky.

Wouldn't the equity I have play a factor in this?

Quote from @Randy Achi: This is where a mentor would come into play big for you!

Play the long game and focus on rent and home price appreciation.