I'm curious how you balance being thorough with moving quickly, especially in time-sensitive deals.

You are right, there's a balance of economies of scales vs. efficiencies over coordination with tenants of each unit.

Memphis seems to be a balanced market right now, and I would have to turn around and sell my condo anyway. 

It’s a scenario many real estate investors find themself navigating when balancing capital gains from property sales and K1 losses.Based on what you’ve described, it’s essential to understand the relationship between passive and active income.

It's a balance!

Those neighborhoods have been popular  because they offer a decent balance between purchase price and rent potential.

You can typically borrow half of your 401k balance as a loan as long as you are working for that company still. 

For example, a high-cost market like California may be balanced by a more affordable, growing market like Alabama.2.

Those will usually not get you anywhere, but they will help lower your financial balances. 

This could be an issue, if you don't maintain much of a balance and have other bills coming out on the first.