MidSouth Home Buyers have such a great business model and support for their product that if you are looking in Memphis I don't know that I would go anywhere else.

As a quick check I use the 1% rule to determine is a deal is worth looking at.

The most logical explanation refusing to play ball by any rules but the cartel’s.

There are rules established that he has to follow. 

I don't use a formula (ex. 70% rule) instead I go by actual comps in the area.

Here is a rule of thumb: if your house was a normal rental making X dollars a month, it should make X dollars a week as a STR. 

The area has to be able to support the change in class or you'll ruin your investment.

You just have to meet the criteria and adhere to the 1031 exchange rules (45 days to identify - 180 to close).Good luck

I have it listed at $230k, which I honestly think is kind of high, but I also feel that it's supported by...-310 S.

I was buying foreclosures in Fort Meyers of near brand new homes that sold in 04 ish for 200 to 250 and was picking them up for 25 to 40k each.. then doing my thing flipping for a quick 15 to 20k profit so I could support my cash flow real estate that was suffering because tenants were not paying.