I like RentSpree because the prospective tenant can upload all of their docs into the system and the system auto-emails all references to confirm.

It comes with the land so no lot rent but there is an HOA.

Too many gurus make it seem like someone will have instant success and when they don't here comes the upsell.

Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.

Although still rare, some of these duplexes are now coming with impact windows, which further lowers your insurance and increases storm protection, so this may be something else to look into.

We write up a deed and execute the sale.

So in the event of legal troubles the umbrella policy should cover the potential damage before they can come after your properties.  

What does the market tell you?   

But, it's really only worth it if you have some good cash flow coming in from your rentals and you have more than a few rentals. 

In the booming market in Memphis, I've found that having the right tools can make all the difference.