UPDATE:  After 4 days of back and forth with Airbnb CS, they finally decided to do the right thing and issue my payout for a reservation that a guest cancelled in the amount of $1,333.75. 

I finally had to take a week off work and make myself incredibly obnoxious to ICE (the electric company) to get everything sorted out but our power is now on. 

As a result, I am hesitant of using my cash to buy and renovate a property if I can't BRRRR my way out the deal.

Your call, but shooting them may result in some serious jail time.

We finally closed our physical office in 2024.

I held each until a change in either market price or net asset value resulted in the REIT stock discount being lowered by 30%.  

@Eddie Lozada what did you go with finally? 

I have been researching tankless heaters, and I'm leaning towards an electric tankless heater to save space and finally be able to wash laundry in-house.

Relying on that logic is to rely on resulting.  

IF you decide to move forward in Memphis, recommend buying the first one turnkey to get you going.You'll learn a lot about rentals and the market with the first one.THEN, if you like results you can look for agents & PMCs to help you buy more and save the 20-30% markup you mentioned.Recommend you also read below info to set your expectations correctly:_________________________________________________________________________We think the Midwest is a GREAT place for OOS investors to consider!