This prime spot puts it in the heart of a highly desirable and active area of Memphis.Given its history, location, and current tenancy, I believe it holds significant potential for the right investor.My main question is: What are the most effective strategies for identifying and reaching investors specifically interested in commercial properties like this in a hot market?

An expert can also help you identify the entry point you might have overlooked and suggest ways to prevent future issues.

The title company conducts a search on the property’s title to identify any known issues, such as unpaid taxes, liens, or claims.In Texas, the term “indefeasible title” is often used by attorneys to indicate ownership that cannot easily be challenged.

Here’s how to move forward smartly using a 1031 exchange:Use a 1031 Exchange to defer capital gains taxes, identify and close on like-kind properties (e.g., rentals) within the IRS timelines (45/180 days).Split Investment: Buying one long-term rental (LTR) and one short-term rental (STR) works if both are held for investment.

So without having a permit date, your inspector can't establish under which code they are confirming construction was completed...So have a regular home inspection and they will identify your typical issues, just don't expect it to identify code conformance or lack thereof. 

Even if you are thorough you are likely to miss one or two or underestimate some of the ones you do identify.

.🔹 Judgments & Liens Search – Identifies court judgments or unpaid debts that no longer show up on traditional credit reports.🔹 Nationwide Eviction Search – Flags any prior evictions that may not have been disclosed or mentioned during a landlord call.🔹 Nationwide Criminal and Sex Offender Search – Provides a broader view of any criminal background or offenses across multiple states.🔹 Income Verification Report – Pulls actual deposit data directly from the applicant’s bank account history to confirm real income (much better than chasing pay stubs or letters that could be manipulated).By leaning more on verified, factual data instead of subjective rental references, you can make safer, more consistent decisions while protecting yourself against claims of unfair screening practices.

Also seeing that I am replying a bit later to this post but I was wondering if any groups or events had been identified?

Try to identify other parts of the United States where renting out tiny homes has been wildly successful and duplicate their strategy 

The house is located in a very high-demand neighborhood and has great visibility.This is a completely new experience for me so please excuse my naivete, just want to be prepared and identify any potential blind spots I'm not thinking of.Thank you in advance for your feedback!