@Joseph Opoku Yeah you can still get positive cash flow from day 1 in pretty much all areas except the A class neighborhoods.

Purchase price: $169,000 Cash invested: $35,000 Looking to put 70K into the separate garage to make a 730Sqft home.

We also refinanced 1 rental and went from a 5.75% to a 3% interest rate, changing my cash flow over $200 a month. 

@Cosmo DePinto,I’ve seen investors do great in Huntsville—let me share a few detailsIn short, yes—it’s arguably one of the strongest markets in Alabama for a balance between cash flow and appreciation.

Fast Turnaround: Unlike long-term rentals, you can cash out quickly and reinvest.

You can’t wholesale a cash contract to an FHA buyer but whoops, I didn’t know that.

I think that's a valid concern, but my gut reaction is that he actually won't care too much after he has his cash/payments.

My concern is doing the cash out refi on my other rental and causing a new and much higher payment on it that I can't just pay off like a loan.

Purchase price: $155,000 Cash invested: $60,078 Sale price: $275,000 Fix & Flip property in great neighborhood in Saraland, AL.

If you're open to expanding your search, I also recommend checking Columbus OH - lots of deals that still bring positive cash flow and great appreciation potential.