I am looking to pay cash on distressed properties and to do the BRRRR method.I have a team in place but would be very interested in connecting with fellow investors, contractors, lenders, pretty much anyone who touches Birmingham real estate.Thanks so much, John

My business partner deals with that side of the business, so I can get you guys in touch. 

People have already provided great input, so I will touch on your comment your wife said.You really need to sit down with her and explain the short term and long term goals.

If you can easily touch it and feel it, it affects value. 

. - By end, rents are touching on $2k per month. $7,200+ profits from rent over the time. 

The only thing is, I would not touch the property.

Eddie - I would recommend getting in touch with multiple lenders and seeing what makes the most sense for you and your situation.

We love having you Californians here :) I'll be in touch with any info I find.

Also, I live in FL and will not touch anything UNLESS I can get it at 25- 30% LOWER than the ask, even then IMO its overpriced.

That can be both good and bad...but you 100% need some paid support in your corner otherwise this issue will most likely spiral out of your control.There are some LA area developer and PM investors here on the forum get in touch with them, see if someone can help walk you through things and hire the atty and/or PM help you need to keep from making this situation worse...you admit you don't know much about leases etc, and that's totally fine.