Can't wait to be active on the forum, and have some good chats with you all! 

Coincidentally he wasn’t actively looking to sell but would entertain the sale due to the fact that he self manages and lives ~50 minutes away (1 way).

We here all know real estate (or are trying to learn) so as long as you buy for cashflow and properly manage your risk, you lessen the impact the greedy people on Wall street can affect your own personal wealth. 

@Christine Kankowski Here's a link to a Wall Street Journal article from last night entitled "Zillow Intends to Buy and Flip Homes"...

You'd be better off narrowing down by neighborhoods or even streets when evaluating properties in Memphis.

You want to earn a few million in five years, put on your suit and head down to Wall Street and see if they are hiring traders (ps they aren't, not unless you went to a Top 10 B-School) Some folks have given you well meaning, but incorrect advice.

Hey all, I've recently been searching around for deals in Lafayette, Indiana and came across this FSBO (For Sale By Owner) property that is actually 3 duplexes on the same street.

I highly recommend Street Smarts by Norm Brodsky. 

. , You are risking both the activities with each others liability.

They place all new accounts activities at the branch level.