Hey @Michael WhitmanThat’s an intresting scenario you’re considering!

We try to warn owners that an agent getting a commission for finding a tenant is fine, but having that same agent do the screening is a MAJOR conflict of interest. 

The increasing number of STEM-related jobs keeps housing demand high, making it an ideal location for investors seeking strong appreciation and rental demand.

Why Memphis is Ideal for House FlippingSeveral factors make Memphis an ideal market for house flipping:Affordable Property Prices: Memphis has some of the most affordable home prices in the U.S., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

These upgrades have enhanced the property, making Tyndall Pointe Townhomes a unique and valuable asset with an opportunity to acquire below replacement cost.

---------------------Let’s say I know of an industrial property with a few tenants that is negatively cash flowing due to a combination of mismanagement and below market rents.

That’s a great milestone and an exciting start to your real estate journey.

As an example: Originally our 10x20's were $65, then per the above we increased to $75, now we will increase to $85.  

Looking for an alternative.  

So here is my scenario, please speak to if you have any experience in this and if it  could work.I recently negotiated an option on a multifamily for about 50% of its current value.