I'm almost positive I've seen Memphis real estate agents post on the forums.

Although again the guys i funded that have 250 plus units probably have 10 mil or more in forced equity. 

Here’s why Oklahoma might be a great market for you:Affordability: Properties in OKC and Tulsa are often under $200K and offer strong rent-to-price ratios.Landlord-Friendly: Simple tenant laws make managing rentals easier.Growing Economy: Job growth in energy, tech, and aerospace fuels rental demand.How to Evaluate Deals:Run the Numbers: Ensure positive cash flow, check cap rates (6–10%), and use tools like the BiggerPockets calculators.Find Deals: Network with local wholesalers or agents, and look for value-add opportunities in stable neighborhoods like Edmond (OKC) or Broken Arrow (Tulsa).Let me know if you’d like tips on analyzing properties or finding deals!

Folks this is meant as a beneficial post and not about good or bad positions.  

If it's net positive, then make sure to do it up to code, etc so the finished square space can count.

Your plan to house hack a multifamily property in Indianapolis is a great strategy to start building equity and learning the ropes with manageable risk.

Use those 6 months to remodel/update the property, then refinance into a Conventional loan and maybe have enough equity to remove the monthly PMI too. 

So for a 25% down, you might need to bring more equity.5. 

You get some of the strongest rent demand in the Phoenix area being closer to downtown, and then you position yourself for the upside of the growing North Phoenix economy with TSMC and other economic developments.If you want more info, I can send you the 3-5 most recent properties my clients have purchased in the last month for you to review.

I am looking at this from the LP perspective, because to the GP, equity is the MOST expensive form of capital.