This october the tenant left without warning and house went vacant.

Memphis is definitely a solid market known for steady growth and affordable housing.

This is a similar story for house hacking a single home and renting by the room. 

If it is a high end housing product you may have to use a designer because they have access to some material/finish suppliers that are otherwise unavailable but that tends to only be for the highest end housing deliveries.

It’s raw land and no house. 

This would let you rent out the house for the next 3 years if you wanted and still get to take the gain.  

Quote from @Jimmy Jeter: Need some help to finish our house. 

Context, i bought a house at a foreclosure auction.

Both houses need a new roof that will cost 15k. 

Divorce - its easier if the house is in the divorce decree otherwise you need to play mediator between parties to come to an agreement.