The money is made when you buy, getting in the deal at the right price and managing well along the way.If you want to be actively involved then start analyzing a few deals in your area using the bigger pockets rental analyzer. 

Also, thanks for the advice on seeking legal counsel. 

@Brandon Rodriguez First of all, CONGRATS on closing and seeking BP for their thoughts on this purchase.

@Kyle MitchellAre you looking for passive or active opportunities?

I wrote a blog about this topic specifically for commercial multifamily, but a lot of the basic principals still apply:https://www.biggerpockets.com/blogs/10191/67979-po...This is by no means an exhaustive list, so I'll echo what others have said and advise that you seek out a CPA or tax strategist for advice an techniques.

Many providers of both styles of service are active here on BP.

Try and seek out a coupon on line at Harbor Freight or in one of their coupon books at the store and sign up so they send you one when they are issued.

It sounds like they are trying to drum up business for candle/Tupperware/essential oil/Mary Kay parties, (the list is endless) or religious activities where all might not be welcome.   

For example, if Memphis has a lot of turn key activity, is there also a banking / financing scene in that same geographic area that caters to the industry?

He really just wants to retire and not have to actively manage.