Hi @Lindsay West   Can't stress enough about the importance of seeking professional tax advice. 

There's tons of investor activity going on right now.

I am an Active Duty Marine Corps Warrant Officer that is stationed in Camp Pendleton, California (San Diego area for the non military folks).

In terms of what @Ken Breeze mentioned, I'd advise you to determine for yourself, how active do you want to be in this investment?!

Enjoy and Thank You.Mission Statement: I'm 30 years old and have been Active-Duty Military for the last 11 years.

And monitor the Memphis forums on here, it’s very active. 

My name is Justin and I'm looking for RE agents or Brokers that care about the planet and who want to be a part of the clean energy revolution. I'm looking for successful, like minded agents who are interested in: Lev...

My name is Justin and I'm looking for RE agents or Brokers that care about the planet and who want to be a part of the clean energy revolution. I'm looking for successful, like minded agents who are interested in: Le...

I guess I'm just asking for a premise-check from people who are active there. 

They are early in careers and not making high salary, so price sensitivity generally is an issue, rents go up too much they can and do leave for other buildings or other markets.Our projects are now entirely out of the millennial markets, serving a totally different population.If you are seeking to hold long term, or are attempting to build to a different demographic, then that should inform your unit mix.