Taking a small cut to cover transaction costs and operational expenses is standard in platforms facilitating financial agreements.

  $36k - $16k = $20k or $1,600 per month net income left to cover all other expenses...same as above.Median household income in the US is over $80k or more than double these two zip codes.

I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.

Since my rentals cash flow, there is an excess to cover cap ex, vacancies etc.

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

There’s a smaller hospital nearby and a large one the city up but I don’t think the nearby ones cover the point you’re making.

Multi-family for me has been the way to go and has left me assurance that even during vacancy, I will be covering most of my mortgage. 

Even with potential vacancies or slow periods, the demand for rentals should keep things stable enough to cover expenses.Ultimately, I think Memphis is a great place for your real estate investments.