Again, I am trying to practice and run some numbers on potential investments and would like help since I am just starting to learn the games of real estate and underwriting deals.

I would appreciate it very much if someone who is involved in real estate in Memphis, either as a realtor or as an investor, would private message me so I could have a text conversation and ask my questions.

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

@B RyansRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I'm sure there's money to be made there in real estate, but it seems to be heavily reliant on one industry (Army) which is a red flag for me when it comes to evaluating markets. 

Since he is selling in the US, this can be any real property in the US that going to be held for business, investment, or trade use.

I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.

I think the key person to notify would be the seller (or the seller's agent).

You could just have an agent or lawyer write up a sales contract that will close in 11 months.

There are two reasons why a property doesn't sell: Price or the AgentIt is an investment property, so the numbers have to work.