From what I understand, Memphis has very great areas and very bad areas.It's good practice for an out of state investor to build a local team or partner with a seasoned investor in the area.

I want to share that success starts with a firm foundation and a great team.

I have a good team in place but they are not used to rehabbing entire homes and a little slower than I would like, also they can only do one property at a time.

You can look for another real estate investor to team up with to help you close your first deal. go to the st Louis real estate investor meetups to learn more. network with real estate agents and investors and appraisers to learn more also.

This means you should consider door-knocking and becoming comfortable with the rejection.Be open to assistant positions and working on a team.

On the investment side I think a new agent is less likely to be rigid and is open to creative methods and as a commercial mortgage banker I think that they may still be building their team and are open to working with new people. 

Should I create a team of wholesalers give them the relevant information needed to be successful and have them funnel me deals for 50% profit? 

Yes there is no such thing as a Realtors license and when I was an active Realtor I quit using the term because it had no real value, it had become a generic term like Kleenex, which is used by most people for any brand of tissue. 

Hi, William, You'll want to have a good tax attorney / tax accountant on your team, hopefully the same person.The idea of a business entity structure is primarily to facilitate asset protection.

You would definitely need a good property management team or a turnkey operation on the ground to be successful though.I’m in Colorado and I haven’t seen the kind of Cash Flow opportunity that Cleveland has in Colorado.Best of luck to you.Robert H.