A good way to generate income in Huntsville is through multi-family unit investments, which could result in high occupancy rates and consistent rental income due to the city's thriving economy and expanding population.

Back when I started, I saw STR investors succeed by buying any home, furnishing it with hand-me-downs and posting photos shot with a cell phone.

@Kerry Noble Jr Never tried the LinkedIn approach but I will definitely give it a shot!

It only creates negative cash flow and consistant headaches.

If it is consistent with the residential market here, 10-14% -AND- you're giving him upside, this is not a fair deal for you.

The hedge funds and International investors have been pouring into both metros and both are consistently on every list as growth hubs.As was mentioned, the Brightline will only enhance access to other major metros like Miami and Tampa, we are going to see much more growth in the space industry (again), not landlocked and not as vulnerable to hurricanes.

And I agree it's not fair to bash the profession but I do think there should be more consistency among inspectors.

If you think rates will be consistent for the next couple of years and you'll have consistent deal flow to use the funds I would tend towards doing a cash-out refi on the existing property that you own free and clear. 

I read industry magazines like Multifamily Executive, The Real Deal, etc and see who is buying, then google that company.Again, I don't want to imply this is a steadfast rule, but often times, when I find groups that have long track records, consistently good returns through multiple economic cycles (definitely experience through Financial Crisis, and ideally dating back to 90's), I will get on calls with their team to find out that they are QP only offerings, and/or have $150k+ minimums.  

This year, I'll make closer to $175,000 thanks to some opportunities for overtime, but they're not consistent or guaranteed so I don't want to consider that as regular income.I am very fortunate to have an excellent pension that will allow me to retire as early as 39 years old ($58k/yr) with it growing exponentially every year ($400k/yr at age 65 - which I do not intend to work until).