My wife and I were able to buy a SFH for our personal residence in 2022 and have since turned our focus on saving for our first investment property. 

I personally don’t like installment sale contracts or contracts for deeds, especially over long periods of time.

It’s frustrating to them and agents because they waited to ask in person questions to an agent who cannot answer them. 

Because with detailed plans, examination of alternative causes and getting involved even when the trend is not favorable can make a person start making profits from real estate when he is old as well as when he is young.Good luck!

We have monthly in-person meetups in New Jersey for when you are in town.

These properties were rentals that have been fully renovated to meet/exceed the quality of the neighborhood.

Should I create an LLC at this point to protect my personal assets and tax planning?

If purely residential, creative use strategies and layouts can really help boost yields and the resulting quality of the product.

If you do rent by the room watch out for local unrelated person ordinances.

You just don't go 15 years without major expenses.Will you go to Memphis in person to take a look at this property or others?