Introduction from Crested Butte, CO

[Frank Konsella]

I'm a real estate agent and new investor.  I'm in Crested Butte, CO, and as much as I'd love to find an investment property here, I would be starting with negative cash flow, most likely 30 miles away in Gunnison, CO. As much as I like the area and the appreciation here has been through the roof, I would be betting on appreciation if I found something here.  Of course it would be nice to self-manage and be able to check on it.

Another area I think about is Hayden or Craig, CO.  I think these areas are going to grow in the next 5-10 years as "downvalley towns" of Steamboat, CO.  But in the short term I actually see a lot of struggle to find renters, with coal mines in the area closing.

So that might lead me to an out of state investment with better cash flow.  My brother has invested in Huntsville, AL, and I have to admit, the numbers and comparatively small investment has a lot of appeal.  

So that's me.  If you can't tell, I like to ski and mountain bike.  That's about it.  Cheers, 

[Steve Stinson]

Hi @Frank Konsella here's some info on Huntsville. let me know if I can help in any way.

Now Alabama’s largest city, Huntsville’s military (Redstone Arsenal), space (NASA), telecommunications (ADTRAN, AT&T), biotechnology (Hudson Alpha), diversified manufacturing (Toyota/Mazda, Polaris) and a variety of emerging specialties provide challenging work (#5 Best Places for Career Opportunities) in delightful surroundings (#3 Best Places to Live in the US). The area enjoys a favorable cost of living (#1 Most Affordable Places to Live in US) and quality of life. Mountains, lakes, woodlands and the Tennessee River accommodate numerous recreational activities. A temperate climate enhances the season for outdoor sports, including world-class golf, hiking, biking, and fishing. Major concerts, Broadway and symphony performances, extensive permanent collections and traveling exhibitions contribute to a wonderful way of life. All of this makes Huntsville/Madison County the #10 Hottest US Rental Markets.

Local employers with 1000+ employees (in descending order).

US Army, Huntsville Hospital, NASA, Huntsville City Schools, Boeing, Dynetics, SAIC, Madison County Schools, City of Huntsville, Northrop Grumman, University of Alabama in Huntsville, ADTRAN, Polaris, Toyota, Hexagon, Alabama A&M University, Crestwood Medical Center, Madison County Commission, Science and Engineering Services (SES), Madison City Schools, AT&T Alabama