If you are considering out of state investing, please check out my new blog post and let me know your thoughts:https://www.biggerpockets.com/blogs/7956/48618-6-b...Thanks!

Title companies aren't just concerned about the ability to win a challenge over the title.

Saving up any amount of money can present challenges, regardless of your financial position.

This is popular in Philly.Download BP’s newest book here some good due diligence in Chapter 10.

Your time here will be well spent.Your profile is empty and there is no mention of a specific REI area of interest, so, I added the below links from three of the most popular niches for your selection of one or all.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips) http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/(7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I'm a little worried that I will be hit with a giant tax bill at sale given this area (Durham, NC) is rapidly increasing in popularity and thus cost.   

If what I have been told in the past is correct, you will still pay those high taxes for the balance of this year, but then they will drop next year, but still be taxed at the significantly higher SEV already established unless you can successfully challenge SEV.  

Learn how REALTORS® are feeling nationwide about home price appreciation, closing challenges, and more.

I have known that Memphis is a good place for high cap rates ROI etc and a popular rental market with investors but was trying to focus on markets that had noticeably strong economic outlooks.

There's no question that investing outside of your home state has more challenges but they can be overcome and sometimes you don't have any choice if your goal is cash flow and you live in a high cost market.