I invest in Birmingham and there are neighborhoods that would do well for cash flow on paper but then the neighborhoods are rough, which means my cost of maintenance is going to be higher (broken windows, stolen HVAC units, etc).

So I was referring to out-of-state properties like Birmingham, or Memphis, etc.

Hello, my name is Ricky and I'm new in real estate business  in Birmingham. 

I buy in Birmingham where okayish properties list for 50k, can be rent ready for 2-5k, and have ARVs of 80-90k.If I can put 5k in and get the appraisal to 85k that will allow me to be front end profitable on rentals after refinance. 

Anyone have recommendations for Property Managment in Birmingham for a four plex?

Let’s put our heads together and become prosperous.Hey Daphne, are you in Birmingham or an outside investor?

We are in Birmingham MI and own over 100 units personally in Metro-Detroit. 

As someone who owned class B rentals in 2012-2016 in slightly better markets like Birmingham, Atlanta, Indianapolis, I would say be careful of this as you will get shocked by difficult tenants.

I house hacked my first place (a condo), used a HELOC to buy my second house hack, and then later sold it and did a 1031 to cover the difference in Nashville (so no money out of pocket) and in Birmingham.

I started investing in those back in 2012, diving into markets like Birmingham, Atlanta, and Indianapolis.