Developers and construction companies have adapted their strategies (Build for Rent), embracing innovation (light gauge steel construction) and diversification (new product types) to meet changing consumer needs and market demands.

This lines up with the data: 

Hi Russell what's your changing business strategy after this especially when you are the buyer agent/broker ?

It really depends on the strategy.

@Ian Hogan - Thanks for the data Ian! 

If you are patient, there are some high quality companies both in Memphis and other cities, and this company you're talking to may be one of them, that have reputations for being spot on with their data and operations.

If the 4-plex is properly analyzed, and the data suggests $800/month cash flow after vacancy, Capex, and repair budgeting, then it sounds like a solid deal.

If not, I would find a CPA that specializes in REI so that you can collaborate to create a tax planning strategy. 

Hi all, My spouse and I have a full time W2 jobs and we are looking into real estate investment (SFR - buy and hold strategy for now).

Focusing on buy and hold or fix & flip deals for single-family homes is a great strategy.