Hi Gregory - The Fort Lauderdale market is extremely saturated & overvalued to start. 

We can usually give you a price range immediately based on recent jobs and market conditions. 

Hey Patrick, a lot of investors are seeing they can scale faster in Midwestern markets, where the Price/Rent ratio is a lot better.

I've been here since 2007 (but only started investing in SFH recently) and have definitely noticed that when I see a duplex, tri, quad, 8+ they all seem to be in rougher neighborhoods...that being said, I myself definitely want to find some and may end up relying on off-market deals to find what I want.Let me know if you learn anything new about multifamily here in Memphis, I'd love to understand it more as well!

I've done some high level market analysis and have been looking at properties to purchase.

@Timothy Floyd,Welcome to BiggerPockets and the Memphis market! 

Besides traditional banks to access the equity via HELOC or refinance, what other programs are there via private lenders that will allow me to access that equity?

She quoted me $3000 for my new building and said the company has a total monopoly in our market but is still cheaper than everyone else.

Someone is making good money in every market.

Airbnb had a big push recently showing how they believe this has hurt the NYC market not only for tourism (hotel prices soaring compared to other areas) but LTR rents have went up still as well.