There's a lot of deferred maintenance and my favorite thing was the inherited tenant.

Fill up on your favorites.

This is by far my favorite method to buy real estate.

Plans for a Marriot, multiple mixed-use facilities, and plans to restructure the intersection so it's less of a speedway are en route (see this article from the Inquirer https://www.inquirer.com/real-estate/inga-saffron/north-philadelphia-beury-broad-erie-germantown-avenue-transit-intersection-gentrification-street-improvement-20191031.html ).At the northwest border of 19140 is Germantown- personally, my favorite area to invest in.

@Latasha Griffin They are my favorite breed.

Looking for opportunities in ARV areas around 80-125K SFR.Looking to find:1) a few good Realtors experienced with the BRRRR method.2) local Memphis Lenders/Banks who’ll do 75% cash out refi’s based on value, not cost.3) Closing attorney & Title Agents who understand delayed financing for 2nd or 3rd+ deals once team is assembled & up & running smoothly.4) General Contractors familiar with buy & hold, value add projects.5) Property Managers with good communication & who you’ve had good success with long term.6) Local investors for possible partnership who have a few BRRRR’s already under their belt in Memphis, TN.7) Your favorite BBQ restaurant in Memphis areaI plan on doing a lot of repeat business & making sure the team profits with me each transaction.

@Adrian CardelleYou can try our favorite funding strategy which doesn't require a great credit score: Private money partners, not hard money lenders who call themselves private money lenders, not anyone who lends as a profession, but regular people like you and me who have some money to invest and are looking for a higher return than they are currently getting with money markets, CD's, IRA's etc.You can start building a list of them with one simple strategy: Get in the habit of starting conversations with people, always asking them what they do for a living or how their job is going.

Now use the 70% rule: If the asking price and/or balance owed plus the renovation costs is 70% or less than the ARV, add this deal to your favorites list.* Narrow your favorites with further due diligence: Get comps from a realtor, interview the seller to find motivations and needs, go see the property, get repair estimates from homeadvisor.com, look up liens/deeds, title issues, code violations, zoning issues, etc. at the county.* Continue to narrow your favorites by the info you find.

My favorite part of the OZ upside in this space is the tax-free upside after a ten-year hold. 

Does anyone have a favorite book on the business?