If your goal is to have properties in markets that have weather you like, that's awesome, but you don't have to START there. 

If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.

I always find it interesting how markets can differ so much! 

I then start advertising the unit with signs and on online venues, showing it to qualified prospects during those last 30 days.

The financing obstacles have to be priced into the pro-forma   but I generally find the pricing concessions I can achieve on these acquisitions due to lack of market interest far outweighs the financing obstacles. 

What do you think market for that unit it?

Taking it a step further in the Phoenix market, I'm willing to pay the Roam fees (1% of purchase price)for my buyer out of the buyer side commission.

Assumable mortgages in this market, other than a potentially longer close, don't really have many cons.You work with the seller's bank, who is currently holding the loan. 

Or if you have questions that aren't market specific I would be happy to help with that as well. 

I am wondering if anyone has any insight on which areas of Memphis to avoid and if it has been saturated as looking online it appears there are a TON of rentals up for grabs and wondering if that is due to rental numbers going down or if it is just a larger city that has more supply.