I'm hoping this leads to me avoiding a lot of those early mistakes, but we'll see how well that actually holds up.The main thing I am excited about with Bigger Pockets is hearing opinions and thoughts from a wide array of people.

It’d be great to know a little more about your market preferences and non-negotiables, since Alabama’s pretty diverse in terms of what it can offer.For example, the Huntsville area is a much higher-growth market than Birmingham, and the median home in each area is priced accordingly to reflect that difference.Even individual markets can vary widely by zip code—properties in a Birmingham suburb like Forestdale are going to fetch dramatically different rents than homes in a neighborhood like Mountain Brook or Vestavia Hills.In any case, let us know what your buying criteria look like, and we can give more pointed recommendations.

These loans often have more flexible terms than hard money loans.Cons: You need a strong relationship with investors, and interest rates can vary widely depending on the deal structure.

It’s a modest home, and we aim for broad appeal with a neutral, updated look that attracts a wide range of buyers.

This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).

It certainly breaks down the barriers to entry so that you can spread coins across a wide array of assets and markets. 

And there are sponsors that have survived multiple cycles with little to no money lost and sponsors that are brand-new (and everyone in between)So these all come with a wide range of projected returns, actual returns and experiences.

Check on the property regularly to make sure it's not sitting vacant with a wide open door. 

And how wide is the chimney?

Some of the best sources for durable furnishings at reasonable prices include:IKEA: They offer modern designs, and some of their higher-end lines are surprisingly durable.Costco: Their furniture tends to be both stylish and durable, often at great prices for the quality you get.Wayfair: Offers a wide range of options, and while not everything is long-lasting, their customer reviews can help you identify durable pieces, just use more caution.