Mid South Home Buyers

Turnkey investment properties + world-class management

Cash flow from day one. We handle everything else.

We buy and renovate single-family homes, place great residents, and manage them for you. Your rental collects rent from the day you close, guaranteed in writing.

A fully renovated Mid South Home Buyers rental home in Memphis with fresh paint and landscapingA renovated kitchen with wood cabinets, new counters, and tile floorsA renovated Little Rock bungalow with a covered front porch and fresh landscapingA fully renovated single-family rental exteriorA newly built brick rental home in Memphis with a carport and fresh lawn
Memphis, TN
Typical rent
$1,095/mo
Earnest money required
$0
0+Homes managed
0+Investors
0+Years in business
<2%Vacancy rate

Why Mid South Home Buyers

Founded by Terry Kerr in Memphis, 2002

Our mission: to give our residents a quality home they're proud to live in and our investors a world-class management experience and instant cash flow, without ever lifting a finger.

3 markets

Memphis, TNsince 2002
Little Rock, ARsince 2018
Dallas, TXsince 2025

We only work in three markets, and that's deliberate. It takes years to truly know a city and you can't learn any of it while you're busy planting flags in ten-plus states.

Available properties

See what's cash flowing now

Every property is fully renovated, home to a resident, and under management before we sell it. What you see is what cash flows.

2247 Malone AveAvailable now
2247 Malone Ave
$119,000
Memphis, TN 38114 · 3 bd · 1 ba · 1,032 sqft$1,025/mo rent
Taxes & insurance-$98/mo
Management (10%)-$103/mo
Maintenance & vacancy reserve (10%)-$103/mo
Est. monthly cash flow$721
Net yield7.3%

Taxes & insurance estimated from county records and a typical policy cost. Management assumes our standard 10% fee. Maintenance & vacancy reserve budgets 10% of rent for repairs and turnover. Estimates only. Not a guarantee of performance.

2907 Boulevard AveAvailable now
2907 Boulevard Ave
$129,500
Little Rock, AR 72204 · 3 bd · 1 ba · 1,036 sqft$1,115/mo rent
Taxes & insurance-$179/mo
Management (10%)-$112/mo
Maintenance & vacancy reserve (10%)-$112/mo
Est. monthly cash flow$712
Net yield6.6%

Taxes & insurance estimated from county records and a typical policy cost. Management assumes our standard 10% fee. Maintenance & vacancy reserve budgets 10% of rent for repairs and turnover. Estimates only. Not a guarantee of performance.

573 Jenson RoadAvailable now
573 Jenson Road
$174,500
Memphis, TN 38109 · 3 bd · 2 ba · 1,084 sqft$1,350/mo rent
Taxes & insurance-$209/mo
Management (10%)-$135/mo
Maintenance & vacancy reserve (10%)-$135/mo
Est. monthly cash flow$871
Net yield6.0%

Taxes & insurance estimated from county records and a typical policy cost. Management assumes our standard 10% fee. Maintenance & vacancy reserve budgets 10% of rent for repairs and turnover. Estimates only. Not a guarantee of performance.

Live availability. Inventory moves fast, and an investor coordinator can walk you through what's available this week.

What turnkey actually means

One company. Every step.

A turnkey property is a house that's already renovated, already rented, and already managed, producing income from the day you close. Here's how ours get that way, start to finish, entirely in house.

Why it feels seamless: there are no handoffs. Most turnkey sellers stitch together outside contractors and third-party property managers, and every seam is a place your money can leak. At Mid South, one operation owns every step, so nothing falls between companies. There are no other companies. The MSHB standard is a one of one.

How it works

The buying process

No auctions, no rehab surprises, no hunting for residents. We've done all of it before you ever wire a dollar.

Your part
Step 1
Book a call.
Tell us your goals. We'll walk you through exactly how it works, no pressure, no obligation.
Your part
Step 2
Pick your property.
Fully renovated, resident in place, cash flowing the day you close.
Mid South's part
Step 3 · the handoff
Sign and wire.
That's your whole job. From this moment, we handle every step of the process: lender, title, closing, all of it.
Mid South's part
Step 4
Get paid.
Your Mid South management team runs everything. Rent auto-deposits monthly; your owner portal shows it all.
A fully renovated Mid South home

Our renovations

Fully renovated by our crews before you buy

Before a property is offered to an investor, our in-house crews inspect every major system and repair or replace what needs attention. Then we renovate the home to a standard designed for long-term residents and long-term ownership. That includes:

HVAC, plumbing, electrical, and roof inspected
Necessary repairs completed before sale
Kitchens and bathrooms renovated
Interior and exterior paint refreshed
Fixtures, hardware, outlets, and switches updated
One-year repair warranty included
See how we renovate, start to finish
Tap to swap

Investor success stories

Doing rental property with you is like playing basketball with Michael Jordan or football with Tom Brady. It has always been a pleasure to do business with you and I don't see any reason for that to change.
Sam V.Long-time investor · Nevada

Read all 54+ investor reviews ›

Our guarantees

1.If your rental doesn't cash flow in 30 days, we pay your rent.

That's the 30-Day Cash Flow Guarantee, and it's one of five. We can offer them because we've renovated and placed a resident in every home before you buy it.

02

1-Year Repair Warranty

Our 1-year home warranty is the strongest in the industry, far and away exceeding the coverage many national insurance companies offer.

03

90-Day Occupancy

If your property were ever to fall vacant for 90 days, we'd pay your rent starting on day 91.

04

1-Year Refill

Should your property fall vacant during your first year of ownership, our re-leasing fee is free. Guaranteed.

05

Customer Service

We guarantee that when you purchase from us, we'll be there for you before, during, and after the sale.

Questions

Frequently asked questions

How is this different from buying a typical rental property?
Every home is fully renovated, already has a resident in place, and is under our property management before you ever close. You skip the renovation, marketing, and leasing hassle entirely.
Do I need to be local to invest?
No. Most of our investors live out of state or overseas. We handle renovations, leasing, and management remotely, and closings can be coordinated entirely online.
What if my property sits vacant?
Our guarantees cover exactly that: free re-leasing in your first year, and if a home is ever vacant for 90 days, we pay your rent starting on day 91.
Can I use retirement funds to invest?
Yes. We regularly work with investors using self-directed IRA and 401(k) funds, including non-recourse loan programs built for retirement accounts.
Do you work with 1031 exchanges?
Yes. We regularly help investors purchase replacement properties through 1031 exchanges and can coordinate with your qualified intermediary to keep the process on schedule.
Do you offer financing?
We work with investor-friendly lenders who understand turnkey rental purchases, with options for both U.S. and international buyers.
What's included in the renovation?
Major systems (HVAC, plumbing, electrical, roof) are repaired or replaced, plus remodeled kitchens and baths, new paint, fixtures, and a 1-year bumper-to-bumper repair warranty.
Who manages the property after I buy it?
Our in-house property management team, the same team that renovated and leased the home, handles rent collection, maintenance, and resident relations going forward.
How do I get started?
Talk to an investor coordinator. It's a no-cost, no-obligation call to walk through your goals, current inventory, and how the numbers work.
The 18 Fatal Mistakes Every Real Estate Investor Should Avoid, a free field report from Mid South Home Buyers
The Mid South Home Buyers Investor Guide, 2026 edition
2 free
guides

Free investor welcome bundle

Get the Complete Investor Welcome Bundle

A rental property can look good on paper while important costs, risks, and assumptions remain hidden. Our free two-part bundle gives you a clearer picture of both the opportunity and what to examine before investing.

Download our The Investor Guide and The 18 Fatal Mistakes Every Real Estate Investor Should Avoid, and join our investor network to learn how to:

  • Understand how Mid South acquires, renovates, leases, and manages rental homes
  • Evaluate rent, expenses, cash flow, and financing assumptions
  • Recognize renovation and management issues before they become your problem
  • Compare turnkey companies and ask better due-diligence questions
  • Decide whether professionally managed rental property fits your goals

When you request the bundle, you'll also join the Mid South Home Buyers investor newsletter: practical rental-property education, market observations, and lessons from managing more than 6,000 homes. Unsubscribe at any time.

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