First there is no pictures of people or who this company is.

I will be contacting my agent soon, but I wanted to toss this question to the forums to help me cover bases I might not think about.  

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.

For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

If you want a Ring, get a Ring.There are a TON of options for cameras out there to cover the door.Ya pays yer money and ya takes yer chances.

I felt that it was very well done, covered a significant amount of material, had a friendly and motivational feel, and was a good experience and a worthwhile value for $1500.

It’s great to hear about your experience with income and holding costs—it really helps me get a clearer picture of the potential in the area.Do you happen to know what the zoning laws are like for short-term rentals on Dauphin Island?

Lenders don't like borrowers without reserves.Is it risky if the property cashflows well at 100% financing, in an appreciating area, and you have plenty of cash in the bank to cover any problems? 

I have some funds of my own, but not enough to cover the steep down payment. 

If you can do the deal yourself safely, with reserves to cover unexpected issues, it is a lot cleaner.