Happy to guide you further!

Here’s some advice to help guide you:1.

BP wont let me post the link but you can search "Investors Guide to Memhis Real Estate" anywhere you listen to podcasts and you can find the 2024 Memphis, TN Investment Zip Code Break Down episode. 

I’m using funds from a 1031 exchange for the deposit.Can anyone provide insights or guide me on how to refine my underwriting or ask the right questions to ensure my numbers are accurate and this is a solid deal?

I think this is a sub to deal but idk.  I've done some owner financed deals in the past but never sub to. Owners want out and purchased in 2018, loan is not assumable. They have never owned rentals or investment prop...

I guide clients who are looking to treat their STR as active.Somethings to consider are whether you should get a cost segregation study done, creating a log of your hours and having an understanding of what hours count / don't count.

I am still reading through the awesome getting started guides on BP and working out what my strategy is going to be and where my market should be.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Whether you do that or not I don't think that will solve your problem (and I would generally recommend against it if it's a decent property as lots of Section 8 units together concentrates poverty and can bring a property down; yes there are plenty of good Section 8 tenants but we're speaking in aggregates here).The big thing you need to do is find a way to get all of the problem tenants out.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.