The main idea is that 1 in 3 renters in Memphis have to spend more than half their income on rent.As someone who is looking into getting his foot into the door of real estate investment here in Memphis (where I live and work as a teacher), I have been conflicted by wanting to make money with a property and the ethical obligation of providing quality housing.At the beginning of each school year, as some may know, schools have to verify addresses to make sure that the student still lives in the district.  

The bigger banks didn't like the smaller metro areas - under 150 people per square mile.  

Also whats the Square Footage of the property so we can get an idea of the cost per sqft for a total rehab?

Install electric baseboard heaters with individual thermostats in those rooms - or a small wall unit suitable for that amount of square footage.

Great way to get a foot in the door.

I have gained knowledge from a few of the BiggerPockets books, but I realize I have only dipped my foot into the waters of real estate investment.

For example, Austin has seen such intense demand and limited supply that a 600 square foot house costs what a mansion does in other parts of the state.

Numerous cases I've seen square footage being overrepresented by anywhere from 300-500 square feet.

As for cost it can easily range from 1.50-5.00 a square foot for material and here in Florida usually $3.00 minimum for install.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.