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Memphis is not cheap....anymore - we have had quite a few clients buy there - mostly flips, closing can be complex but as long as the right choice is made through effective DD then success can be achieved. I suggest anyone buying in Memphis or Alabama should either have a trusted advisor...

Indeed, a popular option with my clients has been the Steve McKnight Passive income fund which has done well since launch...http://www.passiveincomefund.com/ Numbers are stacking up for the moment

Karina - Echo the thoughts of others - well done and from memory MTR has been successful. I do wish many potential USA investors from down under would read these threads like this and the others before investing in the USA. My 2 cents is that the USA continues to provide opportunities...