What is going on in Memphis?
Hello BP family. I am new to the forums and just getting started researching areas to invest in. I started looking at Memphis, TN, because it's a low pricepoint for market entry, and there are lots of properties available for rental income. However, the more I look in that area, the more properties I see up for sale. It seems like the whole city is on the market.
Is anyone aware of any socioeconomic issues in that area that would raise any red flags? The only thing I can think of is that it's on the Mississippi River, and flooding may be a big concern. I did find some stats at this link, and everything looks great - https://www.johnquinnrealestat....