Birmingham, Alabama Over saturated Section 8?

[Javier Coronado]

Was looking to do Section 8 rentals in certain areas but I am unsure about Birmingham, Alabama. Does anyone have an idea of how the living situation is over there? 

[Steven Barr]

Birmingham is a very tough market. You can’t go by “area” or even “pockets”. It’s street by street. One street makes a world of difference between minor and major crime.

For section 8 specifically, lots of West coast investors came in over the last few years and bought a ton of homes which has given Sec 8 tenants a ton of supply to choose from. Very common to see them stay in a house for 1 year there, trash it, and move to next one

Not to say you can’t make it work, but much harder than just going on Zillow or to a wholesaler, buying a 70k property, and cashflowing