Memphis rental Market

[Patrick Flanagan]

Hello there,

I’m a out of state investor, I’m following David Greene’s plan. I’m interviewing real estate agents and property managers so I can purchase my first few out of state homes.

I was curious if anyone in the Memphis Tennessee area could give me some tips and pointers. I’m looking at buying a few 75k homes to rent out. I was curious if 75k homes are more likely to be in a war zone area? Or if I’d be better off purchasing a more expensive house as a rental for a better tenant pool.

I’d also like to know what side of town or areas to stay away from. I’m looking for cash flow as of right now.

I’m gathering all the information I can before I pull the trigger.

Thank you for the help!