Just as a every product as its own product life cycle : Innovation stage / Growth stage / Maturity stage / Decline, every city below is at different stages in its life cycle.

Example: A 300K SFR does not Equal a 300K Multifamily in the sense that each unit is an income producing unit.  

The house I live in now isn't producing much cashflow because im living in it.

Does this strategy always produce a higher sale?

To address her immediate question, however, I told her I would reach out within my network and see if my partners could produce a proof of funds letter.

I fully realize that the new properties are not going to provide me with much appreciation, but I don't really care, so long as they produce cash flow.Not that you need any additional validation of your decision to relocate your investments, but here are a couple of points.  

If they advised me to open an account that is not even allowed then I think they would happier to fix it.Bryan, any legal business entity can adopt a qualified plan, however if your business does not produce any earned income and only passive income that means that you will not be able to make any contributions to the plan. 

So test different postcards, $100 is relatively inexpensive if you consider the ROI that it might produce through more leads.

However, I don't believe properties in Memphis will appreciate, although they produce a nice cap rate and cash flow.  

If I buy an income producing property, it will continue to provide (all things being considered).