Yes, there were many sacrifices along the way, however I have some excellent financing in place and I am an owner occupant:Rents: $1,100 (Unit 1), $1,300 (Unit 2), $0 (Owner occupied Unit)Mortgage: $1,683.00 (15 Year Fixed at 0.375%)Taxes: $451.75 Insurance: $137.50Water/Sewer: $75.00Total: $2,347.25Since I am living there, I'm spending the following out of pocket:Vacancy (10%): $240.00Snow removal/landscaping: $100.00Property Management: $0.00 (I am on-site/stable tenants in place)Maintenance Allowance: $400.00The rents for the two units are undervalued and after my bathroom/kitchen updates, they will definitely increase by $100/unit per month (conservatively speaking).

The demographics are quickly looking like Socal.

If you are looking for property values and other demographic information such as income, you can look on the site city-data.com and use the map feature to examine different areas of the city. 

They can read all of these great demographics and info about the area but it is coming here that solidifies the deal.There is a lot of money and I mean a lot of money flowing here.

If not I will kill it off with little risk as the 46725 has a lower average ticket than the 46804 or I could focus the professional image to one demographic and the other to a separate demographic based on response.Personally, I believe SEO is becoming a thing of the past and .com's are going to lose value as there are MANY new domains and effective target marketing is going to grow...  

You will also want to find out what the minimum lot size is, required setbacks for the house, landscaping, any curb, gutter and sidewalk, etc.

I just found it while trying to look for some local landscapers in my area to help my with a flip, and it popped up.

Had just got a $1 million credit line and went to the trustee sale and bought a property for $1,185,000 using all of the credit line (commercial bank that advanced cashier check) plus some personal funds.Kind of sad that the Owner had buried her head in the sand but in the end sold the home with minor paint and landscaping for $1,625,000 off of a sign call.

Assuming that is good put some landscaping in, make the place look nice from the street, ect3.

So does that mean that those of us doing our economical and demographics homework may be buying at the right time in the Memphis market?