Olive - https://www.neighborhoodscout.com/al/gardendaleIrondale - https://www.neighborhoodscout.com/al/irondaleMoody - https://www.neighborhoodscout.com/al/moodyLeeds - https://www.neighborhoodscout.com/al/leedsGrayson Valley - https://www.neighborhoodscout.com/al/birmingham (Unincorporated)Pinson - https://www.neighborhoodscout.com/al/pinsonMcCalla - https://www.neighborhoodscout.com/al/bessemer (Unincorporated)Mulga - https://www.neighborhoodscout.com/al/mulgaMinor - https://www.neighborhoodscout.com/al/mulga (Unincorporated)Morris - https://www.neighborhoodscout.com/al/kimberly (Unincorporated)Kimberly - https://www.neighborhoodscout.com/al/kimberlyClass DMidfield - https://www.neighborhoodscout.com/al/midfieldTarrant - https://www.neighborhoodscout.com/al/tarrantWest End - https://www.neighborhoodscout.com/al/birmingham/zipcode/35211Ensley - https://www.neighborhoodscout.com/al/birmingham/zipcode/35208Inglenook - https://www.neighborhoodscout.com/al/birmingham/inglenookClass FBessemer - https://www.neighborhoodscout.com/al/bessemerFairfield - https://www.neighborhoodscout.com/al/fairfieldEastlake - https://www.neighborhoodscout.com/al/birmingham/zipcode/35206Lipscomb - https://www.neighborhoodscout.com/al/lipscombBrighton - https://www.neighborhoodscout.com/al/brightonNorth Birmingham - https://www.neighborhoodscout.com/al/birmingham/zipcode/35207Comparison by ClassHomewood – Class AMedian Home Value - $379,563Median Household Income - $66,573Individuals Below the Poverty Level – 11.1%Crime Index – 8 out of 100 (100 being Safest)School System – Top 10 in the StateAverage Market Rent - $1,420Alabaster – Class BMedian Home Value - $179,984Median Household Income - $73,325Individuals Below the Poverty Level – 10.2%Crime Index – 40 out of 100 (100 being Safest)School System – Top 50 in the StateAverage Market Rent - $1,362Centerpoint – Class CMedian Home Value - $117,940Median Household Income - $39,134Individuals Below the Poverty Level – 26.7%Crime Index – 12 out of 100 (100 being Safest)School System – Lower 3rd of StateAverage Market Rent - $1,162Tarrant - Class DMedian Home Value - $73,542Median Household Income - $26,800Individuals Below the Poverty Level – 32.6%Crime Index – 1 out of 100 (100 being Safest)School System – Lower 3rd of StateAverage Market Rent - $1,045Alabama is similar to all other states regarding property class.

Originally posted by @Oliver Martin:@Dave Toelkes and @Steven Hamilton IIDo I have to change my mailing address back to that property prior to selling it?

Assuming their are no zoning issues, @Oliver Sparks, and be darn sure to research this, I see two potential downsides:If you only rent out to the MFR tenants, you have a very small pool of customers.

3) There are an additional 10 acres of virgin land at the back of the park that are permitted for pads.

I guess you can say I'm a real estate virgin.

@Thomas Oliver What tax deductions are you taking in your LLC that you cannot take otherwise?

LOL wasn't Genco the name of the Olive oil company in the Godfather.....im just saying

I wasn't aware FHA did $1 million single family mortgages, but just looked it up and looks like they do in Alaska, Hawaii, Guam and Virgin Islands.

Originally posted by @Eve Oliver:@Jason Allen what you mean is" it defeats the purpose of the LLC if I have all the LLCs in 1 Business account instead of creating one for each of them? 

Hi Everyone,Your feedback has been brilliant - real eye opener.The street address is River Ave, IN 46221 - some cross streets surrounding are: W Mc Carty St, Oliver Ave, W Ray AveNot sure how it is being rehabbed with tenants inside - some rehab work that's currently being done- gfci outlets, repairs to chimney, moisture intrusion prevention and as mentioned a full scope will be provided.Thank you for your very helpful advice.