I am looking forward to seeing what your opinions are, have a great rest of the day!

I have a property that I’m thinking of getting under contract but I know the numbers are a bit tight. ARV is 220, repair 7-10k, owner is asking 250, will swing for 240 but if it stays as is will 255 work for investors...

Here are the two major questions that I have been eagerly waiting to find answers to and need some expert opinion from all you experts out there: Cash out on equity on the rental property by selling it while market is high.

We can all provide you with our "opinions" but ultimately you know your current situation better than any of us.

I’m looking on some opinions on if it is worth getting into this deal.

I finally found the right place to post this....I'm working on a deal right now in Memphis, TN and I was wanting to get some opinions on this. 

But I could use some experienced investors opinion. 

That paired with the fact that we get 13 million tourist per year makes this area the best option for vacation rentals in the country (that's my opinion) Although I must point out, if you're not willing to self manage the returns will be similar or less than a LTR.

That's what separates the boys from the men in my opinion.

Both of them are offered as value-add plays based on a light reno which is supposed to result in rent increases of $115 to $150 per unit.I have my own thoughts on where I want to be in terms of property quality but I wanted to see if any investors local to the area or knowledgeable about the area could offer any opinion on what class these two neighborhoods/areas are and which of them would be more resilient in an economic downturn.