Looking for a Huntsville AL EXPERT

[Raf Pinero]

I've recently become super interested in this submarket in targeting it for my first investment property purchase, hopefully sometime within the next 5 years. I work in the CRE industry and have a good understanding of the fundamentals behind a market's growth, and based on the limited research I've done on Huntsville it seems like everything you'd want is there:

- Strong employment growth in strong, high demand/high growth industries (Aerospace, engineering, healthcare, government, tech, STEM, etc.) - Government exposure is especially appealing as government employment tends to increase/remain flat during recessionary periods when private employers reduce their workforces (see Washington DC for prime example). My thesis is that this makes Huntsville's labor pool more sticky than other markets. 

- MAJOR Employment Hub in Cummins Research Park. 2nd largest park behind the Research Triangle Park in Raleigh/Durham and just look at how that area has performed for Multifamily/single-family in the last 10-15 years. Also a TON of room to expand/develop (ton of empty green space) within the park and attract more employers --> attract more employees --> attract more residents to Huntsville

- Value/affordability. Great market for me to start a real estate investing journey in (as my capital is limited, I'm 22 yrs old)

- Highly educated, diverse demographic base. Growing population (had fastest growing pop. of any city in Alabama)

- Strong rent growth, vacancy fundamentals. Limited incoming multifamily supply pipeline. Not many institutional investors diluting the rental market (Blackstone, Starwood, other big players etc.)

I'm looking for a Huntsville expert to tell me why I'm wrong. Please either comment directly on this post or message separately if you'd like to chat. I love discussing these types of things with new people.