Additionally, ARVs in these areas have a cloud of uncertainty so it will be prudent to be conservative in your analysis and have multiple exit strategies in place.If the home is located in an area with minimal impact from the storms, there has been a small uptick in pending sales the past two weeks compared to same period prior to the storms.

In addition to properties across central and north Alabama, we also have options in Chattanooga, Tennessee.

We used to own all of our houses but are about 50/50 lease vs. own, mainly because leasing allows us to move faster when opening additional houses. 

That comes with an additional $500 per month after 3 months.

The attorney was "they already said they don't want to pay additional".

I’ve had 2-3 buyers interested in Lakewood and Edgewater areas continuously over the last 1 1/2 yrs so have spent a lot of time looking at properties in these areas- here are a few additional observations:The numbers on renovated full size Lakewood two family don’t match most investors criteria (greater than 7% ROI).  

.- I have not done a brrrr since the rates increased in early 2022 because in my market they bleed cash after I perform a refi to extract some of the value add.  - it

As I’m starting my real estate investment journey, would it be a wise decision to rent out my primary residence and seek a temporary rental for myself while I save money to purchase an additional property for investment?

After reading this thread I sent an email to my Mortgage Broker to get additional information about refinance options in PT and I'll share what I learn.  

Additionally, there's a limited exception for rental real estate activities in which you actively participate.