I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

Once we moved the furniture and boxes off the vents rooms got much cooler quickly.This isn't the first time this has happened with tenants complaining about poorly functioning air conditioning when the real problem was no air flow from items covering the vents.Gail

There is a search function which will give it you based on the zip code converter or state, from there it will link you to the public information on the county site (if they have one). 

That's called functional obsolescence and may be a negative or give you a value-add opportunity by adding a bath on a level which lacks it.That's enough for now

It's simple, affordable, and works for all 2FA functions.

It's a term used only on other investors, and actually mostly just here as I've never heard anyone else use it at other RE functions.

The inspection revealed moisture issues in the basement, a fastener issue on the deck, and reverse polarity of some of the outlets.We are pending lead, mold, and chimney inspections.The HVAC, furnace, and water heater are functional but "beyond their lifespan."

Given the last commenter's advice about waiting for someone with experience to chime in the first time, that someone has to take a risk... the issue is that there is a high likelihood it will be either a loan-to-own lender looking to obtain functioning properties or a scam.If it's true, they would have SO much business; whatever funds they have available, they would be empty in 1 month or less because that would be the best deal in town if it's true.

You can also accomplish a similar function with the use of an Agent Trust with the Series LLC, to remove your name as the manager of the LLC on public filing. 

UCF is now the second largest university in the US with 70,000 or so students, and apartments are springing up everywhere.