We literally just took over the property last month so I don't have too much info on this but I believe where we are, it's pretty safe neighborhood.

We are approved for 6%/20 year, 5/1. 

I recently pulled out of this downward spiral when I remembered that we are already real estate investors by being home owners! 

We are at a point now where we have over a $100K in cash that needs to be invested.  

We hire agents to list each of our properties when we are done with the rehab.

We are trying to charge $2200 for rent.We are trying to move cross country ASAP but this apartment is a headache.

I have no idea for Memphis but in Baltimore we are paying about $6-700 for most rental proeprties. i woud talk to other investors from the area and shop around. 

In this circumstance we are looking at having the individual prepare lists from using the local circuit court access website, mail envelopes, and receive and filter calls. 

And since we are learning about construction, being able to go after work and measure cabinets for the 4th time, or compare the tile to the grout, or pick up supplies so your expensive contractor doesn't have to waste his time picking out paint colors, flooring, appliance etc... are all things that are easier to do in person.If you have a lot of experience flipping houses, or working construction,  then yes go for it, you can be successful as a long distance landlord. 

If it looks like a good investment overall, you should be able to get an offer accepted and get in ot inspect during the contingency/due dilligence process (perhaps even needing to sign a waiver as mentioned above and wearing a mask).