Typically, Mexican developers have a "friends and family" round before going to the market.

I'm also a new investor who just got to Huntsville and am looking to get my feet wet in the area.

The first round of numbers looks like I'll get about 493K in my hands after paying off the existing debt and all the origination fees and closing costs.   

My goal is to pay less than I would renting and get my feet wet with REI and landlording without bleeding too much every month.

Duplex in West Adams area.Asking $830000Spanish style house on a nice street with similar houses, mixed single family and duplexes.2 units total, 2b/1b and 1b/1bAbout 1600 sq feet totalI think 2 bedroom could be rented for at lest about $2500 and 1 bedroom for around $1800-2000.I will live in one of them though.Also has a 2 car garage which can be converted into ADU.Has parking plus street parking.Both units need reno.Considering that all units need renovations and I will live in one unit and rent the other and that at some point I will convert garage into ADU. 

Louis County, MO.The lot I'm eyeing is pretty narrow, roughly 100 feet wide and 475 feet deep.

However I would like to get my “feet wet” here first before I do anything.

That's enough time to get your feet wet as an investor then invest elsewhere if need be...But I'm with House Hack all day even if it's Cali!

Did our normal rounds of our 7 locations.

Smaller industrial properties have maintainedimpressive occupancy rates and rising rents for several years, and in recentmonths they have increasingly stood out as one of the best-performingcategories of commercial real estate.To learn which U.S. markets have the most acuteshortages of smaller industrial space, CoStar ranked the 60 largest U.S.markets based on the composite scores of three criteria: current availabilityrates for industrial buildings smaller than 50,000 square feet; the mediannumber of months on the market of 10,000-25,000-square-foot industrial spacesleased in the past 12 months; and the median number of months on the market ofindustrial spaces smaller than 10,000 square feet leased in the past 12 months.