I'd network and figure out the hot spots, the areas people are inWhy do you prefer the area to have a C or B rating?  

How do you prefer to received marketing materials from your Realtor / RE Entrepreneur / Loan Broker / Management Company - PDF file or link to website?

I’d prefer not to tell them I want to renew without seeing the terms and inevitable increase.

Weeknights are preferred.

Our preference is single family homes for long term rental purposes and we have been trying to find properties that might cashflow 8-9% cash on cash return, but I am struggling to find anything on my own that meets that criteria (we are open to any markets, but are prioritizing landlord friendly markets).  

The cost of living in Mexico is quite low and we are able to save about $7k a month.My Real Estate Investing Strategy:I plan to do out-of-state REI.I intend to target distressed multifamily properties (2-4 units) in B - C Class areas.SFHs are acceptable but the numbers appear to work better in multifamily.I would like to utilize the BRRRR method in order to efficiently utilize capital.I would prefer to target higher cash-flowing markets.The end goal is a passive income with buy and hold.My Question:I would like to hear your experiences in the Memphis market and if you would recommend it today for a newcomer such as myself?

If they have been decent tenants, granted you are taking the word of the seller, I would prefer to keep a tenant in place especially if the will handle the rent raise.

My budget is $300,000 max and preferably under $250,000.

My preference is to use property management software that has a rent collection feature.

The question is whether you really "need" hard money or "prefer to use" hard money.