Like anywhere else, every neighborhood in Birmingham can change street to street, so you have to do your research about where the rental demand is.

The stats are Sellers price $49,000Square feet 960Tax Assessor value $10,842Rent estimate $550Im having a hard time figuring out a fair offer, as comps on this street range from 25k-52k  using zillow How would you proceed? 

B will be put on the street even though he is the current owner. 1- Yes2- you can't buy from A since B is the owner.

Have a good friend who owns property in Charleston, SC on Congress Street.  

I think what you are looking for is someone trained in the ways of real estate investing - an agent that will:Introduce you to FSBO's - Expired Listings and other real estate opportunitiesWill be your fiduciary representativeWill make offers for you on suitable real estateWho understands creative financing; delayed settlement, seller assisted financing, assignment, wholesaling, REO, tenant selection, soft money mortgages, tax salesWho will be responsive to your financial goals and a person of integrity and trustHelp with direct mail and street marketing to locate transactionsHousing and rent court marketingAbsolute aware of financial and contract clauses as well as contract engineeringCan assist in - delayed settlement - automatic extension, performance mortgages, subordination, principal mortgages, options and joint venturesAware of bidding on REO, forclosures, tax sales and public auctionsUp to speed on commercial real estate, lots and land as well as businesses with real estateHow should you treat this wonderful person (if you can find one) -They should have a commitment from in the form of a Fiduciary Buyers Brokers AgreementYour agreement to pay them a commission on any non-listed deals they bring youA bonus agreement for great deals that you closeA gas budget - or a cash payment for gas Kind words and respectTo be sincere and active with the agentRespect from youFirst class training on how to represent youSometimes an equity interest in the great deals the agent has initiatedListings when you are ready to sellYour cooperation - all your financials, tax returns and other information that will help your agent close dealsA few free lunches ----Good luck --- Charles

However, a home came on the MLS across the street from one of my current flips.

Also, are you planning on having your investment right across the street from the Amazon plant?

I am looking anywhere in NC for 10-60 units at present and don't have time to drive every street looking for apartment buildings.

A few days prior to the open house, take an open house postcard and walk 6-8 houses on either side of the house, and the 12 houses across the street. 

And if you want to look up the stats on the property, you should be able to find it from the street signs in the photo :) That's all for now...Here are a couple photos of what I'm up against.