Like Mark said, you have to look at rental restrictions, HOA fees and what they cover, and also watch out for special assessments that might be coming soon like roofs, painting, driveways, that can add several hundred dollars a month to the normal HOA fees.  

Enjoy and give me some feedback.AZ

This would further guide you when you decide to buy another property in the area.Good luck and enjoy Memphis!  

I have currently been reading many books on the topic as well as reading forums and watching webinars.

I have currently been reading many books on the topic as well as reading forums and watching webinars.

Enjoy as you prosper.....

Going through the motions of an eviction even though you already have the property back, would prevent them for example from claiming that they were just out of town on a long trip, oh and btw where is that gold watch I was keeping under the pillow?

People with a lot of money still like to work they just do what they love and enjoy as money is not the primary factor but secondary at that point.First thing is take a long and hard look at your budget and what money comes in and what goes out monthly.

Currently I work as a Software Developer, which I love to do and have always enjoyed doing, but during my years in college, I realized that working a full-time job will not get me where I wanted to go.

Enjoy as you prosper.....