If you have nothing to bring to the table, you're left with no option but to beg and grovel for help, and the only people you'll attract are bottom feeding slugs who want to use your doe-eyed admiration to make them feel better about themselves.SO... the first question you have to ask yourself is, What do you have to bring to the table?

It would only be moderately attractive to me at an extremely lowball price.

Since the roaches will be attracted to the warm motor of the refrigerator, they will get the boric acid on them and eventually expire.

I can't wait to see it.Here's a link to a recent BiggerPockets article that features Memphis as the most attractive rent-to-price market.http://www.biggerpockets.com/renewsblog/2015/10/14...Hope that helps.

I also want to attract folks at the middle to high of the Rooming House tenant-type and this means no coin laundry.

I am sure it would only attract only the finest up-scale tenants 😨Randy

The cost of living will be lower, most likely a little safer, and closer to the jobs this population can perform(retail, call-centers).Other, places will be strengthen, because they are established and have good services and attractions anyway for people.  

Thoughts are to hold on until gentrification creeps up closer, however the holding costs are not attractive either.

Again, making it attractive to a buyer, you'll want more than 30 years.Both of these (rate and years) are only important in getting the first person to buy the LH land.  

As I have close links in the USA (I freelance for some great USA companies, my mother is from the USA, and I still have a lot of family there), I have been dabbling in the concept of investing in the US property market as well.