If you’re open to diving deeper into the Memphis market, I’d be happy to share more insights & connect you with local investors I currently work with that have seen recent success here!

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

While algorithms can analyze data at scale, real estate isn’t just about numbers—it’s about nuances and the most important component of real estate is understanding its value, and that to me (maybe I am old school) but can only be done by physically visiting and walking the property.So for me, factors like local market conditions, property inspections, and borrower credibility can’t be fully captured in a formula.

Buy a used book and find someone local who's doing the thing, and make them your mentor.

As for meeting local wholesalers, networking at meetups or even online could help you connect with the right people. 

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-

I generally work with home owners looking for long term management, but I do work with a local broker with access to off-market deals, and he sees a lot of activity in the area.

.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.