Any Birmingham Investors?

[Remus Phillips]

Are there any seasoned Birmingham, AL investors?  I have a question about the rental market in Norwood and Ensley.  Is it worth it?  I have two houses under contract that are substantially lower than the market value price.  I'm hearing from some locals that the area will be improving within the next 5 years.  I'm hearing that I can rent the homes for $1100+.  But I am also hearing that it will never improve and that no one will rent them.  I've contacted Property Management companies and the information is just as conflicting, as with realtors as well.  It's really hard to say.

Anyone family with this area feel free to chime in.

Thanks

[Jason Carter]

I'm not that seasoned either but I've been told Norwood is one of the hottest neighborhoods in Bham right now. I hope so as I've got a flip there hitting the market end of this week. I'm not sure about the rents though, think they were a little low when I checked a few months ago. 

If you want to unload those contracts DM me. :)