There are tons of local investors here on the site that can help you get started.I would say that Memphis is definitely more of a cashflow buy and hold place but there are certainly opportunities to do some retail flips.Get active on the site, listen to the blogs and let me know if I can be of any further assistance!

I think the most likely events that will trigger a downward spiral are a recession and/or a faster paced Fed tightening of the money supply.

Most of the time probate sales go through realtors at full or near full retail price.So who do you target?

It was very much at my own pace.

This is what most retail agent and broker count on.

I haven't dealt with it in a landlord/tenant situation, but from a couple of people I have known who accepted credit cards for their retail businesses, the credit card associations (Visa/Mastercard/Amex) "don't like it" if the business tries to charge the credit card fee to the customer, and can potentially stop accepting charges from that business if they do it.But, the card associations seem to be perfectly OK with the idea of a business advertising or giving a "cash discount". 

The senior is foreclosing on Jan 6th, and it's probably not going to get retail value at the auction meaning that there will not likely be any excess proceeds for you to claim.The only good thing about that note was that it was signed by husband & wife, (now estranged) and you could sue on the note as the husband works and has assets, at least according to the Wife's bankruptcy schedules (You can find on PACER; The BK was dismissed anyway, but it was still a useful source of financial information on the debtors).

You will buy at or above retail price with most turnkey companies in Memphis or elsewhere so if you need to liquidate the assets quickly it may be a challenge. 

I have been a restaurant owner for 17 years and I own the strip center that my restaurant is located in.  I am planning to expand my current strip center in the future.  I am very interested in learning as much I can ...

It's like most things, you can pay retail or do it yourself or pay a knowledgeable handyman to fix.