Our current income sources are:W2 JobFreelanceSingle Family Home Rental (just one)We have been renting out our single-family home for about 2 years, generating $300 / month in cash flow.

The location of the house is ideal for downtown and the universities and hospitals.Originally, the plan was to sell and reinvest the proceeds into a few fix and flips.

When the pandemic hit and the visiting scholars had to back out of their leases, I slashed the rents and advertised on Furnished Finder but my units are not particularly conveniently located near hospitals and the area hotels were offering to house visiting nurses for tax write offs.

After a month I had both sides rented at $650.00 and it was cash flowing great.

My fiancé and I have a SFH that we just finished renovating to list for rent.

Fix it up, rent for a year or two until it pops, than sell and take profits to buy a couple of the same type deals.

When I do this I would rent out my primary residence which is in a A neighborhood and would probably net 400-500 per month in cash flow. 

One of my team members is seriously considering investing in Memphis zip code 38127I am new to Memphis Is this good location to invest?

DSCR is calculated by using the monthly market rent or lease (up to 120%) and dividing it by the Principal, Interest, Taxes and Insurance Payment. 2.

I add bedrooms and rent by room.