. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.

Additionally, if anyone has experience financing real estate investments in Memphis or knows of any local resources or experts who can provide guidance, I would be very grateful for any recommendations.Thank you in advance for your help and guidance.

That is what I have found during my experience (in my markets).

From a single family buying perspective, my only experience has been buying a new home 6 months ago, selling our current home, and talking with people I know.

We're doing a ton in Detroit yet and it's largely using our experience and market knowledge to sift through a LOT of garbage.

If you have to bring in a partner with more experience and or funds, that may also be an option to help maneuver through this deal.

In my experience, most tenants will play ball when they deal with a landlord who acts like a professional and sticks to the policies.

Does anyone have any experience with the cost ballpark and requirement to do this with a single residential (not multifamily complex)? 

**Additional Tips**: Any other advice or experiences from those who have successfully managed medium-term rentals would be invaluable.I want to ensure that my contract is clear, fair, and legally sound.

Hello - I have few friends that are buying empty lots around us, playing a role of GC to build a house (have learned it over the years with education and experience) and sell it.