like most cities, there's going to be a huge difference between neighborhoods and suburbs vs city properties. 

Like all cities, Birmingham features different submarkets.

Purchase price: $365,000 Cash invested: $550,000 Bought and renoed a 1965 house into a modern farm house.

The city's appreciation, vacancy rate, cap rates are truly unparalleled when compared to the other markets you’ve mentioned.

Each exchange starts the clock again, and you lose the tax benefit if you do not hold and rent out each property for enough time to satisfy the rules.6) I used a 1031 exchange lawyer in the city that I purchased in.

Louis, and various cities in AL. 

City Wide property mgt is who I deal with and honestly when I ask for real numbers and updates I get a lot of BS run around sales talk speech. 

As my portfolio grew, I became laser-focused on the work in front of me.My wife and I own Cozy Co-Host LLC, a short-term rental management company based in Atlantic City, NJ.

As my portfolio grew, I became laser-focused on the work in front of me.My wife and I own Cozy Co-Host LLC, a short-term rental management company based in Atlantic City, NJ.

Secondary markets and tertiary markets only, no major cities.