Lots of good low cost REI opportunities in Memphis!

Addressing the LTR concern: both counties have used grants to boost low-income housing (in the form of apartments that prohibit STRs) rather than imposing broad restrictions.

The local rules and regulations for building in our area is what is keeping the volume of building low.

But my idea of fair market is essentially low income I guess after talking to some other investors that responded to my post.

So we negotiated for a seller financing deal with very little down and a very low interest rate How did you finance this deal?

April and May are not looking great and prices are too low to be acceptable bookings.

I am working on structuring and getting under contract to wholesale my first turnkey, mid-2010s, 4bed/3+bath/2 car/~2200 sq ft hybrid (Subto+SF) deal in Atlanta GA that I need some help/JV on to get to the finish line.Why it's a deal:The underlying debt is attractive (~500k @ 4.375% ~200k equity at 0%/very low payment with long AM).

There are some that don't charge interest on the money for the rehab until you're reimbursed from the lender on it.There are other lending guidelines out there such as: -Any level of investor experience-Funding in as little as 10 days-Credit scores as low as 640-Non-owner occupied Single Family, Multi Family up to 4 units property types-Purchase Loan Amount – up to 90% of Cost (depends on area you're purchasing and if you have a higher credit score)-Rehab Loan Amount – up to 100% of Cost-75% maximum after repair value-12 to 24 month loan term with Interest Only payments.

But you may not enjoy book keeping or think your time is more valuable spent elsewhere, hence the desire to outsource services to low cost service providers in India. 

We had to pay the utilities directly to Baltimore City to stop the late fees from piling and have our credit affected.Maverick, on the other hand, continued to advise us to be patient.