AlabamaAlabama residents enjoy a low cost of living and a thriving economy.

However, if your current interest rate is low, be aware you will be buying into a deal with much higher interest rate with today's rate.For your new purchase, you should be able to use a DSCR loan and get financing without income as long as credit is good.

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

But we moved out the low rent tenants and after the rehab we filled all units with market rent tenants.

Quote from @Bonnie Low: The "best market" is less about the market per se and more about the deal you're able to find in my opinion.

Although the market is a low cash flow market due to its very low risk being so close to Washington D.C., long-term holders who participate in the upcoming rent increases and leveraged home price appreciation will see a strong opportunity to create Alpha in the market.Deep Dive into the Developments.As you will see, there are many different amazing sub-markets in Alexandria to invest in right now.

If there were a bulk subscription I could get all my tenants for a low annual or monthly cost I would consider it though

We can go low depending on your unique credit profile.

Your other levers are revenue (which as you mentioned is capped) and expenses (which congrats to you are low).

HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.