If you decide to buy a property like this you probably need to buy it cheaper, get multiple quotes, and talk to contactors in person.

Theres many benefits being well capitalized. 

This tenant operates a resale business and is currently renting a single unit on the ground floor.

I've dabbled in real estate for the last 15 years and have made it work for me however, I haven't made it my full-time gig yet. That is my plan. Been looking for answers to some business questions on how to receive in...

Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.

It's likely to keep getting eliminated in areas and while a good business for true business people who care about the people, 99 percent are just out for a small check and fail fast.

Have you looked at a little bigger multifamily, like in the 5-10 unit range?

We pay them back at close.For people/teams that do something similar, I'm curious what software you use or spreadsheets you've created to: Track cash current cash flow and projected cash flow for the whole business that including fixed costs like payroll and variable costs as well.

I'd like to attend the next one. 

Everyone loves new stuff, all my new constructions rents well.