It has been redefining itself from a steel town to a medical/tech hub the past 5 or so years.  

You could pay 65K for a 45K house in memphis and be in trouble but providing you find a reputable company and do your own homework on location generally the lower cost property is often going to be a poor investment.Before we did our own acquisition we were marketing for a turnkey and sold a lot of homes in the 35 to 60K price band.

Additionally you will need steel beams placed on the interior to keep the wall from shifting. 

Look at price trends for Silver, Steel, Copper, and lumber. 

**Note** - Wholesaler B needs to have some type of agreement (written/verbal) with Wholesaler A to do this.Meanwhile you, Wholesaler C, see the property (by way of Wholesaler B) and want to wholesale it to your buyer's list or you have a buyer in mind.

While we used to rely on the steel industry, the job market is now incredibly diverse.

We like to buy B and C type properties that contain between 30 to150 units.

Cash on cash returns are 4-7% in A class areas. 8-12% in B and 12-25% in C/D areas.The 25% returns look great on paper but they are high risk properties that can come with a lot of issues.Buffalo can be a great place to invest if you get a good property with sounds mechanicals in a good area.

If the second property came through the MLS drip from Agent A and also came in from Agent B, and you buy it with either of them and not the other, they both may have a claim to a commission on that purchase since they both have a claim to procuring cause by sending you the listing.

Hoover and the rest of the over the mountain suburbs will offer 1% or less on your money where the B and C neighborhoods offer 1.5% to over 2%.