Please continue to keep us updated, I'm very interested reflections on this matter by the seasoned pros!

The tenant says that she is willing to stay long term and continue living there.

He was frustrated that I didn’t want the deal and insisted the home was worth more… And continued to try and convince me of this.

It doesn't take a brain surgeon to see that they will continue to work another century or two.Great post Mike - hopefully one or two will listen.Tim

Downtown, Mid-Town, High Point Terrace, Cooper Young, Highland Heights, and other inner city areas enjoying above average appreciation7.)One of the lowest cost of living of all major cities (FORTUNE magazine)8.)Surrounding cities support continued manufacturing development with Memphis as the distribution hub9.)Recent Subprime crunch has resulted in a hungry Renter PoolAnd there are many, many more reason of why real estate investors should be investin in Memphis, TN If you would like to learn more please contact me at your leizure.

Yep - Someone beat you to posting it here, though . . . lets continue the discussion at: http://forums.biggerpockets.com/viewtopic.php?

If you do all the work and get a great price for the place will they thank you or continue to fight?

I know that I was logged into the forum as I had posted a reply.I continued after the login.When I was done reading all the threads that were new in the 3-4 forums I went back to the main page.

I continued to follow the market in both high and low end homes.

In the effort of continuous improvement, I ask the following...When tenants are late we post the standard Pay Rent or Quit notice or their door.