Idk Memphis has same or not but if you can get ahead of these pockets they seem to appreciate like the coastal markets, so that is wise to check out beforehand.Good luck!

You can see when a roof needs replacement and you can plan accordingly a few months ahead of time.

(There should be no real reason they can't schedule the billing change ahead of time, but our utility company is notorious for making mistakes or causing delays- I've had them bill both the tenant and I for the same period, then credit me a year later.)

I joined one but I feel like they are too far ahead of me and need a smaller group to start.

Hi all,Don't have a property in mind for this but thinking ahead.

You are right to be concerned but you can prepare for the worst ahead of time to mitigate some of your downside risk.It starts with the acquisition underwriting. 

I would say try your hardest to be objective with the numbers and not force them to fit the formula just so you can buy a property.

Well looking back I should have contracted out a lot more out, I would have been time and money ahead.

What are some good methods/ strategies or formulas to use in figuring out the ARV of a property?

As long as I find out the auction were from 1st lien's trustee, then I could go ahead to participate bid?