5 Smart Strategies for Landlords Planning to Exit the Memphis Rental Market
In Memphis, many landlords are finding it a good time to sell their house s for cash , especially in active areas like Northaven, Shelby Forest, and Bartlett . However, in some areas, much of the housing stock is decades old, leading to constant repairs, higher maintenance costs, and strained cash flow. For instance, Northaven faces blight and weak city services, fueling frequent tenant turnover. Shelby Forest landlords deal with isolation and limited amenities, while homeowners in Bartlett face rising property expenses and development pressures. As properties age and portfolios mature, these neighborhoods now present some serious challenges for owners . For small landlords, these conditions make holding rentals increasingly unsustainable, and exiting a smart option . If you are a small landlord, an out-of-state owner, or simply tired of managing aging rentals, this guide will walk you through practical tips to exit smoothly and maximize your re...