I can't even do an inspection because he is either not home or does not answer the door and has changed the top lock without my permission or knowledge.The other question is since a time frame has not been established and when I contact him for an update, I am told I am harassing him.

Risks: you might want to investigate risk factors as safety, theft, infra structure of the land etc.In overall, as first STR investment I would stick to a single family home located in a secure and established neighborhood. 

I’m considering buying up an assload of lots in an established subdivision where values are suddenly increasing 9-10% per year.

Hey folks,I’m looking to purchase a property in Memphis, TN from out of state and am looking for recommendations for a mortgage broker and established property management team in the area.Any input is greatly appreciated!

Appreciation has been amazing.Best advice: buy a SFR in an established neighborhood with no HOA, if possible. 

I also see a more established looking neighborhood from looking at google maps (which is like 2013 so very dated).  

We are an established real estate development services company seeking a contract worker who can assist part time in finding development sites for our consulting services clients and for our own account.This person will be given defined areas and specific criteria for sites, and will be responsible for searching online listings, contacting brokers, investigating off-market opportunities, and using other methods to find sites.Anticipated assignments will include multifamily sites for both affordable and market-rate properties, single-family renovation and new construction, and others as may be requested.Pay will be $15-$20 per hour depending on skills and experience.

There's a lot to learn and a plethora of information/strategies, so I'm taking it a step at a time. 

As both an investor and operator, to me building the relationship, trust, and establishing credibility with the track record of the team are of utmost importance. 

I want to believe that establishing relationship with bankers was absolutely critical.