Finally, focus on high-demand neighborhoods and have a backup plan, like renting if the flip doesn't sell immediately.Let me know if you need financing guidance or further tips.Best,Drago

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

A quick test is if you drove around the neighborhood, would you live there?

A buddy of mine invested early in that area, and let's just say he's not regretting it.From what I've heard, these massive projects tend to create ripple effects in the surrounding neighborhoods.

Do you know where I can find information on the class of a particular neighborhood in the twin cities?

One of the few multi family properties in this SF neighborhood that had gone up for sale in the last 3 years. 3 story on a large lot, 1952 build with great bones.

Private firm?

One of the few multi family properties in this SF neighborhood that had gone up for sale in the last 3 years.

Birmingham is a great market for real estate investment right now—it offers solid rent-to-price ratios, affordable home prices, and consistent rental demand.If you’re thinking about investing in Birmingham, I can provide some helpful data and share insights about neighborhoods that align with your goals.

You already did the rental comps of the neighborhood using Zillow Redfin etc?.