Welcome @Hogan Chouinard,Memphis is a city with a strong workforce that offers low-cost entry and provides consistent cash flow to investors.

Any suggestions on how to best structure the deal in order to put down less cash or be able to take the cash out if I buy it low enough?

I've also been considering this as an idea for generating cash flow with minimal capital outlay. 

The area I invest in produces good cash flow and good appreciation as well.

Any suggestions on how to best structure the deal in order to put down less cash or be able to take the cash out if I buy it low enough?

There are cases where certain portions of the NNN Expenses are capped at increasing more than a certain amount over the previous year which is another thing to take note of when purchasing an existing asset because if the NNN's are capped then the owner runs the risk of absorbing a portion of the Operating Expenses which ultimately kills cash flow. 5.

Purchase price: $80,000 Cash invested: $72,900 We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA.

Purchase price: $185,000 Cash invested: $33,900 Sale price: $280,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Sierra Drive, Coulterville, CA 95311.

I looked at almost every market in florida before I relocated from columbus ohio because miami Dade County has the most net migrations in the entire United States for one county. we build it in columbus ohio and it is worth approx 215k a door but down here all you'd have to do is change the assemblies and in miami that triplex would be worth more than 300k per door so closer to 900k depending on where you built it. new construction single family homes are going for around 330 per sq ft in the same area and a triplex is considered residential. by building codes a 4 unit is commercial I'd recommend 3 unit first or going as many units as possible if you have backing or your own cash. for each one we do we recommend 100k of liquidity. 

You might need an owner's closet to lock some things up, but could help you earn more.Next, I would look at doing more value add upgrades first.