I currently own a rental property that profits at least 15K after all deductions.

Currently leased to Section 8 tenants, it generates a steady monthly gross income of $1,645.

Currently, I offer 20% off the first two weeks if the property is about to be vacant.

My wife is a veteran real estate agent in SF and is very focused on continuing to build her book of business, so I'm leading the charge in the household on the investment side.

This includes details about the current market trends, investment opportunities, challenges faced, property management considerations, and any other factors that may be pertinent to someone considering real estate investments in these areas.I am open to any advice, suggestions, or recommendations.

Currently looking in Memphis, TN.

Do we use the current basis (acquisition plus reno cost) as the starting point? 

Any guidance or tips with growing through this would be much appreciated. current structure is roughly 300sq ft.

While housing is objectively more unaffordable with current prices and interest rates, when will this be reflected in the overall home ownership data?

Was thinking of taking about half of the deposits we currently have and doing some short term (12-24 month) CD's as a revenue stream.