The wealth of information from this group will help you feel comfortable when you purchase your first property.

I’m active duty Air Force and maxed out my VA loan with three properties.Birmingham has some cheaper properties, but may not bring the cash flow that STRs in Florida might bring.It all depends on your timeline, numbers, funds, and comfort level.

That could be a very well invested $100 or so.Additional expenses I add are municipal inspection fees, inflate the cost of all repairs if your prop mgt company is handling them for their load onto the repair cost and utilities while you hold the property initially and with turnovers.Overall, I wouldn't say this is a bad idea if you know what you are getting into and are comfortable with it.

Hi @Rita SamaddarI recommend areas based on three things:Budget: Knowing your cash to close helps me suggest the best areas, especially if you're using a hard money loan.Rehab Level: Whether you prefer low or major rehab impacts the neighborhoods I'll recommend.Market Dynamics: Areas with minimal days on market are ideal, as they predict how quickly your property will sell post-rehab.In conclusion, start with how much you have to work with and the level of rehab you're comfortable with to find the best areas for fix and flip.

Find one that you feel comfortable with and use them for their knowledge and expertise.  

It would be difficult to get any inquiries for MTR with an empty property even if you note that it will be furnished because they don’t know what “furnished” is going to look like (style, comfort level, etc.)’If your ideal target market is travel nurses I would start there.

Don't settle if you're not comfortable with a transaction. 

We're starting to see a correction in the supply of STR in central FL which will make things easier for homeowners that can stick it out.My advice: Look for opportunities that are as far up-market as you are comfortable with.

I don't know how @Logan M. does it but I set a radius I'm comfortable with and search for mobile home parks

some clients are opting out because they are just not comfortable with it.