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Andrew Glisson, Longstep Property Solutions
By Andrew Glisson, Longstep Property Solutions. I personally stand behind every number on this page.
Blog

Memphis rental investing, from the operator's seat.

Short-term and long-term management, neighborhood deep-dives, taxes, and market data. Written by the team that actually runs the properties, not a content mill.

Short-Term Rentals

Renting a Spare Room on Airbnb in Memphis Fails Twice as Often as Renting a House

Memphis Airbnbs advertising a lock on the bedroom door went quiet 2.45 times more than comparable listings. What the amenity list reveals about who survives.

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Property ManagementShort-Term RentalsLong-Term RentalsInvestingNeighborhoodsTaxes

Property Management

Short-Term Rentals

Short-Term Rentals

Memphis Is Tightening Short-Term Rental Enforcement in 2026: What Every Airbnb Owner Should Do Now

Memphis is cracking down on unpermitted short-term rentals in 2026 with monitoring software and 50-dollar-a-day fines. The checklist to keep your Airbnb legal.

Jul 28, 2026
Short-Term Rentals

Airbnb's 15.5% Host-Only Fee: The Exact Price Move Memphis Hosts Need to Make

Airbnb now charges hosts one 15.5% fee. The exact repricing math for Memphis hosts: multiply by 1.1479 to keep your payout, and why just adding 15.5% leaves you short.

Jul 14, 2026
Short-Term Rentals

Memphis Airbnbs Book Late: Read the Booking Window Before You Panic on Price

Half of late Memphis Airbnb bookings land within four days of check-in, and a Monday is twice as likely to sell same-day as a Saturday. What that means for pricing.

Jul 7, 2026
Short-Term Rentals

The 21-Month Trap: How a Failing Memphis Airbnb Feels Like It Is Almost Working

The median failed Memphis Airbnb lasted 21 months before going dark. Here are the checkpoints that separate listings that are building from listings that are bleeding.

Jul 7, 2026
Short-Term Rentals

Where Memphis Airbnbs Actually Earn: The Neighborhood Map by Real Revenue

Ranked by what listings actually earned in the past year, not nightly rate: East Memphis, Cooper-Young, and South City lead, while the highest-supply areas trail.

Jul 7, 2026
Short-Term Rentals

Should You Airbnb Your Memphis House? Run the Quitter Math First

About 1 in 11 Memphis Airbnbs quits. The typical quitter earned $7,000 a year vs $25,400 for survivors. Run the quitter math on your street before you furnish.

Jul 7, 2026
Short-Term Rentals

The Amenities That Keep a Memphis Airbnb Alive

About 1 in 11 Memphis Airbnbs goes dark. Against listings of similar detail, a lock on the bedroom door fails 2.45x, a dryer you own 0.43x. Two operating models.

Jul 5, 2026
Short-Term Rentals

The 2026 Memphis STR Shakeout

Permit enforcement, more supply, and normalizing occupancy are separating professional Memphis Airbnb operators from casual hosts in 2026. An operator's honest read on what is happening and what owners should do.

Jun 27, 2026
Short-Term Rentals

FedEx St. Jude Championship: Memphis Airbnb Pricing 2026

The FedEx St. Jude Championship hits TPC Southwind August 12-16, 2026. How to price your Memphis Airbnb for event week, set minimum nights, and keep the premium.

Jun 18, 2026
Short-Term Rentals

Memphis STR Case Study: $3,072/Month from a Single Short-Term Rental

Five Memphis short-term rentals. Fourteen months. $196,519 gross revenue. 86% occupancy across these five properties vs 57% market. $66K more than self-managed earned. Full P&L by property.

May 21, 2026
Short-Term Rentals

Airbnb Algorithm 2026: What Memphis Hosts Are Getting Wrong

Guest Favorites replaced Superhost in 2026. New listing boost is gone. Here's the Memphis Airbnb pricing, photos, and screening playbook that still gets bookings.

May 21, 2026
Short-Term Rentals

How to Start an Airbnb in Memphis: 2026 Investor Guide

Memphis STR permits cost $300. LPS portfolio nightly rates average $145. Entry prices start at $130K. Every step from property search to first booking, with real numbers.

Apr 29, 2026
Short-Term Rentals

Memphis Short-Term Rental Laws: What Out-of-State Investors Must Know in 2026

Permits, 50-mile residency rules, occupancy tax, and the $50/day fine for non-compliance. Every Memphis STR law out-of-state investors need to know before listing.

Apr 23, 2026
Short-Term Rentals

5 Memphis short-term rentals. 14 months. $196,519 in gross revenue. Here's what real performance data actually shows.

14 months of real Memphis short-term rental data: $196,519 gross across 5 homes at 86% occupancy for those five properties, with fees published up front.

Apr 17, 2026
Short-Term Rentals

Most Memphis Airbnb Hosts Accept Every Booking. That Is the Problem.

One in four Memphis Airbnb booking requests is a red flag. Same-city bookings, no-profile guests, and single-night Saturdays. Here is how screening protects your ROI.

Apr 3, 2026
Short-Term Rentals

Memphis Airbnb Profitability 2026: Only Operators Survive

Memphis Airbnb is thinning out. Amateur hosts are leaving. The operators left standing run sub-hour turnovers and reject 25% of bookings. Here is what changed in 2026.

Apr 3, 2026
Short-Term Rentals

Memphis STR Market Report Q1 2026: ADR, Trends, and Data

Memphis STR nightly rates ran near $131 citywide in Q1 2026 with 54% average occupancy. LPS-managed properties ran 67.5% over the past 12 months. Full report inside.

Mar 27, 2026
Short-Term Rentals

Memphis Short-Term Rental Rules: What Hosts Need to Know in 2026

What Memphis Ordinance 5631 means for your Airbnb: permit steps, grandfathering rules, and zones, from local STR managers with 7,000+ guest reviews.

Mar 19, 2026
Short-Term Rentals

Is Running an Airbnb in Memphis Worth It?

LPS-managed Memphis Airbnbs average $145/night vs a $131 citywide average, with 2.2x more listing views. Real portfolio data on whether Memphis STR still pays.

Mar 17, 2026
Short-Term Rentals

Why Discounts Don't Drive Occupancy in Memphis Short-Term Rentals

Dropping your Memphis Airbnb rate 15% adds 2% occupancy and tanks your nightly rate. The math does not work. Here is what actually drives bookings in a transit market.

Feb 12, 2026
Short-Term Rentals

What Your Memphis STR Manager Is Actually Costing You

Most Memphis STR managers charge 20-25% plus hidden fees. Linen charges, restocking, and maintenance markups add 3-8% more. Here is what it actually costs.

Feb 11, 2026
Short-Term Rentals

Why Operations Matter More Than Pricing for Memphis STRs

Memphis STR success comes from fast turns, pet-friendly policies, and same-day readiness, not pricing tricks. Learn why operational excellence drives real revenue.

Feb 10, 2026

Long-Term Rentals

Long-Term Rentals

Memphis Rentals Take 38 Days to Lease, Not Three Weeks

Memphis rentals take about 38 days to lease, not three weeks. What a nightly clock on every listing shows about rent, timing and comps.

Aug 9, 2026
Long-Term Rentals

What Memphis Rents Actually Command in Mid-2026, by Bedroom Count

What Memphis rentals actually command by bedroom count, every figure sourced from live listings. A reality check before you set a rent or buy.

Jul 14, 2026
Long-Term Rentals

Memphis Eviction Process: Timeline, Costs, and What Landlords Should Expect

Memphis eviction start to finish: 14-day notice, detainer warrant in Shelby County General Sessions, hearing date, writ of possession, filing fees and real timelines.

May 14, 2026
Long-Term Rentals

Memphis Section 8 Investing: What the MHA $50 Rent Cap Means in 2026

2026 MHA payment standards for Memphis Section 8 rentals: how the rent cap works, what landlords can charge, and free Memphis rental data from Longstep.

Apr 20, 2026
Long-Term Rentals

Memphis Long-Term Rental Management: What Property Owners Should Expect in 2026

21-day average vacancy. 95% rent collection. 2,628 work orders handled in-house. What professional LTR management in Memphis actually looks like by the numbers.

Apr 3, 2026
Long-Term Rentals

Passive Income Wasn't as Passive as I Thought

Memphis rental property maintenance costs surprise investors every year. Here is what to budget, what to watch for, and how to stop the bleeding.

Apr 3, 2026
Long-Term Rentals

Memphis Mid-Term Rentals: The Opportunity Is Real, But So Are the Risks

Memphis mid-term rentals get pitched as easy money. The honest reality: the demand is unproven in the data, a 30-plus day guest is a screened tenant on a lease, and the furnishing, insurance, and eviction risks are real.

Apr 2, 2026
Long-Term Rentals

Out-of-State Investing in Memphis: What Remote Rental Property Owners Get Wrong

Most out-of-state Memphis landlords underestimate maintenance costs by 40% and overestimate rent by 15%. Here are the mistakes we see and how to avoid them.

Apr 1, 2026
Long-Term Rentals

Memphis Landlord Insurance: What Rental Investors Are Getting Wrong in 2026

Most Memphis landlord policies have gaps in vacancy coverage, HVAC theft, and flood zones. We break down the 5 coverage mistakes that cost investors thousands.

Mar 31, 2026
Long-Term Rentals

Memphis Rent Decline: What Property Owners Need to Know in 2026

'Memphis asking rents dipped 2-5% in early 2026. Which submarkets are affected, what is driving the shift, and how owners should adjust strategy.

Mar 25, 2026

Investing

Investing

The Memphis Rental Report

Memphis rental data measured on the same homes over time. 1,953 of 6,896 tracked homes cut their asking rent, 218 raised it. Updated monthly.

Aug 6, 2026
Investing

How to Price a Memphis Rental When Cuts Outnumber Raises

We track every Memphis rental listing nightly. Of 6,585 homes, 1,830 cut their asking rent and 185 raised it. What that means for pricing your vacancy.

Jul 31, 2026
Investing

Memphis Property Management: How to Choose the Right Company

A $1,600 water heater from in-house techs vs. $3,500 from a vendor. 6 questions that expose the real cost of any Memphis property manager before you sign.

Apr 30, 2026
Investing

Tennessee 'Homes Not Hedge Funds' Bills: What Memphis Real Estate Investors Need to Know

Tennessee proposed limiting corporate ownership of single-family homes. We break down the two bills, what passed, what didn't, and what Memphis investors should watch.

Apr 27, 2026
Investing

Memphis Real Estate Due Diligence: The Out-of-State Investor Checklist for 2026

Foundation, sewer scope, HVAC age, title search, and 14 other line items. The due diligence checklist Memphis investors skip that costs them $10K+ after closing.

Apr 22, 2026
Investing

Memphis Self-Managing From Out of State: A 12-Month Reality Check

72% of out-of-state self-managers hire a PM within 18 months. Midnight calls, $200 markups, and 30-day vacancies are why. The full breakdown.

Apr 21, 2026
Investing

Memphis vs Nashville Rentals: The Investor Comparison for 2026

Memphis entry price: under $200K. Nashville: $350K+. We compare cap rate, monthly cash flow, nightly rates, appreciation, and tax burden across both markets. Real data.

Apr 17, 2026
Investing

Memphis Housing Outlook 2026: What One Economist Got Right and What It Means for Investors

Memphis home prices are holding while rents shift. One economist predicted this cycle two years ago. We break down what the 2026 data means for rental investors.

Apr 15, 2026
Investing

Memphis rental property maintenance

Outsourced maintenance markups run 30-50% in Memphis. In-house technicians completed 2,628 work orders last year at cost. Here is why the model works for investors.

Apr 15, 2026
Investing

Memphis Real Estate Investing: The Case Has Never Been Stronger

Median home prices under $200K. Rents holding steady. $30B+ in new capital investment. Memphis is the best cash-flow market in the U.S. Here is how to invest.

Apr 7, 2026
Investing

xAI Memphis Investment: What $30 Billion Means for Rental Property Owners

$30B committed to a $102.9B GDP metro. xAI is building the largest AI campus in the world in Memphis. Here is how it affects rental demand, appreciation, and rents.

Apr 6, 2026
Investing

A Missing HVAC Condenser Nobody Noticed for a Year

HVAC theft costs Memphis landlords $4,000-$8,000 per unit. We cover cages, cameras, GPS trackers, insurance gaps, and what actually deters thieves on vacant properties.

Apr 3, 2026
Investing

Memphis Turnkey Rental Properties Look Perfect on Paper

Turnkey providers sell you a tenant and a promise. We break down the hidden costs, inflated projections, and management gaps that Memphis turnkey buyers discover.

Apr 3, 2026

Neighborhoods

Neighborhoods

Memphis Crime Map by Address: How to Check Any Block Before You Buy (2026)

How to check Memphis crime data for a specific address and the streets around it, read the multi-year trend, and turn it into an underwriting number the fair-housing way.

Jul 28, 2026
Neighborhoods

The Memphis Code-Enforcement Decoder: who actually handles a squatter, a dead streetlight, an illegal dump or a code violation

Squatters, illegal dumping, junk vehicles, dead streetlights: the exact Memphis agency to call for each, what to say, and the first step for rental owners.

Jul 15, 2026
Neighborhoods

Memphis Crime Map by Block: How to Check Any Street Before You Buy or Rent (2026)

How to check the public incident record for any Memphis street before you buy or rent: read categories and trends, block by block, on the free crime map.

Jul 15, 2026
Neighborhoods

Memphis Crime Map 2026: Free Daily Data for Investors

Search any Memphis address or ZIP for 2026 crime counts next to median rent and vacancy in that neighborhood. Free, no signup, built by Memphis investors.

May 13, 2026
Neighborhoods

$250K in, $1,600/month rent. East Memphis works for STR and LTR, but the math looks different.

Enter around $250K in East Memphis and rent for $1,600+/month. Compare STR nightly rates to LTR cash flow, plus published fees: 8% long-term, 10% short-term.

May 11, 2026
Neighborhoods

Midtown Memphis Rental Investment: STR vs LTR Returns 2026

Midtown Memphis ADR averages $120-160 a night while updated 2BR rents hit $1,250-$1,500. We break down which strategy fits which property in this neighborhood.

May 1, 2026
Neighborhoods

Memphis Crime Down 40% in 2026: What the Numbers Mean for Rental Investors

Homicides, car thefts, and robberies all dropping double digits in Memphis. We break down the data and what the trend means for rental property insurance and values.

Apr 27, 2026
Neighborhoods

Memphis Airbnb Safety: What the Crime Data Actually Shows in 2026

Memphis Airbnb safety concerns are outdated. Crime is down 27%, tourism hit $4.3B, and smart operators use screening to protect properties and guests.

Apr 4, 2026
Neighborhoods

Cooper-Young Airbnb: Is It Still Worth It in 2026?

Cooper-Young is walkable, trendy, and saturated. We break down real nightly rates, competition, and whether this Memphis neighborhood still pencils for Airbnb investors.

Mar 28, 2026
Neighborhoods

Berclair Memphis: Why Smart Investors Are Watching This Neighborhood in 2026

Berclair homes list at $90K-$140K with rental yields above 1%. Proximity to xAI, Shelby Farms, and Summer Ave redevelopment make it a value play. Here is the data.

Mar 24, 2026
Neighborhoods

Top Memphis Neighborhoods for Short-Term Rentals

Downtown hits $150-$200+ nightly rates. Midtown pulls medical travelers. Berclair is the value play. We rank the best Memphis neighborhoods for Airbnb investors with real data.

Mar 18, 2026

Taxes

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