We got a full remodel, rents were paid the whole time and during the process we actually made some changes like adding over head lighting and outlets.

This will tell me whether it's worth dropping everything and heading out.2) Supporting data for #1.

This is something I find important because many normal institutions around my area don't do commercial loans unless you have a golden credit score and can show proof of liquid funds to repay the loan back ten times over.I also hope this helps new RE investors keep their heads up when everything seems to be throwing you to the ground.

We chose Memphis b/c the prices were pretty low with high cash flows and I felt we could trust the turnkey company we went with.I know it's not very scientific and we probably should've done more research and due diligence but I heard the heads of this company on two of my fav REI podcasts and decided to go with them.

So not sure how often we will be heading down as opposed to them coming here.Also why I have been posting more becaise I am staying ckose to home base if you will.

Thanks to both, glad to see there are a few of us cheese heads here.

My acquaintance's appliances are 8 years old and he added solar screens to the windows.

Debt coverage ratiobreak even ratioreturn on equityexpense ratiosInternal rate of return (return over a period of time including the sale of the property)gross rent multiplierLoan to value ratio I'm sure there are lots more but these are what come to the top of my head.

thanks for the heads up.

it made sense in my head, anyway.