I am brand spanking new to this whole real estate extravaganza and am extremely excited to start hustling!

Typically not as much crime in East Memphis, and some of the better city schools are located here.Cordova is a much newer suburb of Memphis, I'm not as familiar with this area, but it seems to me that the original residents of the brand new homes are starting to leave and sell their homes to investors - which is leading to a decline in value and asset class.

The only surrounding comp I could find on the MLS is currently listed for 550k but is comparable because it's in almost brand new condition.

My e-mail is in the signature of my posts.

Lior E. try zillow api http://www.zillow.com/howto/api/APIOverview.htm here is an example vba - http://johnmann.me/excel-zillow-api-extraction

What most people don't know is that interest on a HELOC tied to your primary investment can also be deductible on Sch E or against pass-through income under the interest tracing regulations.

Jason,You e raise some good points.  

The neighboring house appears to have installed a brand new chain link fence about a 1' into the driveway of the house im interested in. 

Chris E. maybe reach out to a title company and ask what the process is.

We supply all finishes ourselves, so there is no risk of the contractor supplying the wrong finishes and it saves the contractors time from having to procure the materials themselves.For non-finish materials, we let the contractors supply and aren't picky about brands.