Memphis is one of the best markets for the BRRRR strategy, offering affordable properties, strong rental demand, and solid ARV potential, making it easier to pull all or most of your money out after refinancing.

We raise the capital for purchase and rehab through real estate investors looking to earn as much as possible in an easier way.

He believes Dollar General may be a good choice for us. 

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

When you're under pressure to make a choice, it's easy to make a mistake when communicating what you want.

It is easier said than done. 

FYI - with all the social media choices, all you have to do is make a plan to post the same message across numerous platforms.- You can even recycle the messages annually or quarterly!

Expanding Seller Targeting – Reaching the Right PeopleInstead of focusing on one seller type at a time, we stacked multiple high-motivation lists:✔️ Absentee Owners – Often ready to sell✔️ Pre-Foreclosures – Urgent need for fast cash sales✔️ Tired Landlords – Burnt out from rental headaches✔️ No HOA Properties – Easier for investors to flip or rentBy broadening our reach while tailoring messaging per seller type, we ensured a steady flow of highly motivated leads.2.

Lesson learned: gradual adjustments are much easier than big jumps later.Another big one?

We are not the right choice for everyone, but we do help hundreds of investors every year start and progress their investing goals.