Both were in Memphis suburbs.Most of my properties are 3/2, 1300-1800 sq ft.I scrutinize the neighborhoods probably more than the physical property. 

The moves suggest at best a pause and at worst an end to six-plus years of a bull run in credit, where financial firms have been eager to lend and underwriting standards for credit cards, auto loans and personal loans have been relatively loose.Lenders are scrutinizing applications for credit cards and personal loans in particular because consumers often turn to them when they are in a bind.

Those are the same collection of "data" that I see and know it's heavily scrutinized - some PMs I'm seeing are thought-minded as "it's collateral damage" if they placed a not-too-good tenant.

I believe there are still some fixer upper deals or off market deals out there but they have to be scrutinized very carefully for true ARV.