One strategy is to purchase a property with a walk-out basement and rent out the basement as a separate unit. 

In an effort to get creative and try our hands in a new strategy and gave MTR's a crack and pivoted the deal.

Hello, I am thinking about changing my real estate strategy for my next property.

Respect their time and be prepared to offer something in return for their guidance and mentorship.Business Plan and Investment Strategy: As an out-of-state investor, it's crucial to thoroughly research a company's track record in the Memphis market and seek feedback from previous investors to ensure they deliver on their promises and align with your needs.Starting an LLC before your first purchase depends on your circumstances and risk tolerance.

There are a lot of wholesalers who are buying lists of properties in foreclosure / default and do not realize this in many states is considered predatory.As taxes and insurance increase along with homeowners having equity, states will start to catch on to this and my guess is start going after more of these wholesalers.It will be an easy win for them as most wholesalers act as brokers illegally (do not do double close) and do not let the homeowner know all the options available to them (modifications/ bankruptcy), they are out to solely benefit in their behalf which in itself is predatory

The MLS has nothing but inflated prices, wholesalers are also inflating prices leaving only buy and hold as an exit strategy.

Downside is HOA fees can increase at anytime or rules put in place you might object to or that don't fit your strategy.

They said it 100% ^^ NARPM for the win!

The strategy is to have purchase a place that we can use and travel to within our home a few times a year and then rent out to cover the cost of the home. 

The dynamic landscape of regulations on STR can still be navigated in our area but having an MTR number that works is important to our clients' strategy.