I have heard population growth, combined with income to rent ratio  & crime rate is a good start.

But we do have a track record of success in the area and a unit that is completely remodeled and modern.

If you could work it into a combination STR/MTR and rent mid-term to people working in the area for the down months, the market could work, but aside from that I don't see a ton of value in that market for the prices you have to pay, you basically have to make a years worth of expenses in a 4-5 month span.I don't have specific knowledge of any of the other markets on the list, but based on this one it seems like not much analysis went in to any of these properties and its strictly based on a rough estimates of revenue.

any income over that which is a combination of W2 and rental income is subject to taxes starting at zero. 

Combination of 1 and 2 is the size of deal you can do.  

Memphis can provide an excellent platform for that, with its combination of affordability, rental demand, and landlord-friendly environment.If you have any more questions or need further guidance, feel free to reach out!

There are many advantages*  A customizable fund provides amazing flexibility to raise equity or debt or even a combination of both. 

We invested $32,000 in renovations to modernize and enhance the property.

The combination of speed and efficiency gave us the ability to secure the property and execute our investment plan seamlessly.

We used a combination of Wayfair, thrift stores and online second-hand sale sites.