The value is in the 5 years of remaining inventory which is planted in the ground.

Repeat, repeat, before you know it you have your inventory up and your self financing your deals still By the way would love a tour of the properties sometime and your model...not my area (I'm NW side of city)but could have investors down the road interested if the model has really high cap rates

BP continues to teach the SoCal masses and others in hot, low inventory markets the 70% rule on rehabs.

Pretty well-versed in the process , just need some inventory to start working with

So far today we did a walk-through and I got an inventory of what needs to be done to make it a decent rental.

And this inventory gets recycled every 3 to 5 years..

If you are flipping it You can hold the house for four years; however, it is still inventory until it is sold.

The article did not give specifics with regard to zip codes and if I were to consider a purchase, I would want to verify.If this is true, it seems to me that with almost 50% cash buyers there may ultimately be many landords competing for tenants which ultimately could drive inventory up and rental prices down.

Is there a lot of inventory now or is your competition outdoing you in other ways?

I believe Memphis is pretty high as far as inventory is concerned.