However, in such a case, a rescue fund would hold a superior position in the capital structure compared to the common equity investors, including yourselves and there acting as a parasite taking equity upside from all common equity investors.While this might provide a safer position for the pref equity slash rescue fund, it would also significantly impact the returns for common equity investors (previous guys).

I would also highly advise to spend 30 minutes and do a rent survey yourself and find comparable units and see what they rent for and charge.

How does it compare to traditional LTR from your perspective?

We just have to hope mortgage rates decline a little bit in 2025 while the supply does not drop so that we can have more home sales in 2025 compared to 2024.

There are ways for the smart, savoy, and willing to educate themselves fast, folks who want to build wealth in real estate to do it now and rather quickly as compared to most other industries.

A monthly net cash flow of $277 is positive and reasonable for the area, but you might want to compare it to similar duplexes to see if there are better returns available.

He said they are killing it compared to regular SFR rentals.

Unless someone here knows otherwise.Having said that, personally I'm not sure how valuable anonymity is compared to the cost of the structure ... as many have said here on BP.

Compare that to Vegas, where rules can be restrictive and condo-hotels often come with sky-high fees or limits on how you can use your property.

Plus, Tennessee is a landlord-friendly state, which makes it easier to manage properties compared to more restrictive areas.There’s also a growing community of out-of-state investors looking at Memphis because it offers a great balance of affordability and return on investment.