Investing in SFH in Southaven Mississippi (near Memphis)

[Mendy M.]

Do you have any thoughts or experience on investing in single-family homes in Southaven, Mississippi (near Memphis), for a long-term buy-and-hold rental?

[Clay Burk]

Hello Mendy- me and my partners own/buy & sell/manage a ton of properties just a bit further south-- in and around Jackson. Obviously the area is not as nice but it's also a much lower cost for entry (most times under $70k for a turnkey SFH) and you are almost always above the 1% rule if not 1.5%. A lot of what we do is BRRRR or just buy at a low enough price to cash our money out and do it all over again! Would love to connect.