Own Memphis rentals from anywhere, with a local team that treats them like our own.
Most of our owners do not live in Memphis. We underwrite the deal before you buy, manage it end to end with our own in-house crews, and show you everything through a live portal. You stay in control from wherever you are.
Andrew Glisson, Longstep Property Solutions
The three things that worry every remote owner
And exactly how we take each one off your plate.
You cannot drive by the property
So we are your eyes on the ground. Every maintenance visit and turn is photo-documented in your portal. You see the condition of your asset without booking a flight.
You are trusting a team you have never met
Nothing is outsourced to a call center. Leasing, screening, maintenance, and cleaning are all in-house, one accountable team, with monthly statements that reconcile to the dollar.
You may be buying sight unseen
Before you close, we underwrite the deal: what it should rent for long-term and short-term, on real Memphis comps and county records. If the numbers do not work, we tell you.
Long-Term Management
Hands-off leasing, screening, and in-house maintenance for your Memphis rental. 8% of collected rent, stated up front.
Long-term details →Short-Term (Airbnb) Management
Dynamic pricing, in-house cleaning, permit guidance under Ordinance 5631. 10% of rental revenue.
Short-term details →Why investors across the country buy in Memphis
The fundamentals are real. So is the risk if it is managed badly from afar.
Price to rent
Memphis purchase prices stay low relative to the rent the metro supports, the core reason national investors target it for cash flow.
No state income tax
Tennessee has no state income tax on wages, so more of the rent reaches you, not Nashville.
Steady demand
A large, stable renter base across the metro keeps quality units occupied when they are priced and managed right.
Management is the variable
In a market like this, returns live or die on operations. A local in-house team is the difference between the pro forma and reality.
Buying before you have a manager? Talk to us first.
Send us the address you are considering and we will underwrite it before you close: real long-term and short-term rent, sourced from Memphis comps and county records. No cost, and no pressure to list with us.
The 30-day no-lock-in guarantee
Start with Longstep on long-term management, and if we are not the right fit in your first 30 days, you can cancel. No penalty, no fight, no holding your doors hostage. We would rather earn your business every month than lock you into a contract that does the work for us.
The terms: cancel your long-term management agreement within your first 30 days, for any reason, with no cancellation fee. You remain responsible only for third-party costs already incurred at your direction, such as a repair you approved. Applies to long-term property management.
Get a free analysis of your Memphis property
Own it already or still deciding, tell us the address. We will send what it should earn as a long-term or short-term rental, sourced and defensible. Free, no obligation.
No spam, we never sell your info. Or email andrew@staywithlps.com.