HOWEVER, most of the country isn't in that market environment right now so that may not be something to consider.

Economic growth and stability create a positive environment for job opportunities, population growth, and increased demand for housing.

Tenants are like anyone else they want nice home good schools safe environment.. and the absolute cheapest houses in any given metro plex rarly provide this.

Not everyone pays attention to or cares about their environment impact, therefore it will always reduced buyer pool.

In the current environment, it would be prudent to pay the mortgage down, so that you have greater equity but I would not pay it off.

@Darius WadeA word of caution on waiting for rates to come down:- Maybe they will, maybe they won't, timing is always uncertain- We are in a short supply environment with quick fix.

Memphis is one of America’s most affordable cities, yet it offers a diverse economy, excellent location, and plenty for residents to do.This makes it a hidden gem in an environment where finding good deals in more prominent markets is getting harder.Here are the benefits of owning Memphis rental properties:💰 1.

@Barry Wang I think SIP has definitely tested the good nature and will of neighbors because we are all at home 24x7 working, playing and trying to enjoy our time both indoors and outdoors through this pandemic.It's a bit of a blessing/silver lining that because you are moving into the building it will afford you an opportunity to be able to verify the complaints from the neighbors real time and also be intimately hands on involved in developing a building community and understanding.

Get your systems in place in a low risk environment and then branch out.Feel free to reach out.

Glad you are thriving in that environment!