Check local PHA guidelines, as they may have specific inspection checklists

@Neal DaftarySo - You need to set up a regular LLC, this would be considered the parent LLC to the following series LLC's that you will create for the specific purchases. 

I tend to prefer this route.If you want to hop on a call and go over specifics I am available most of this week.

Not the 10 percent down aspect, just the whole idea that you can deduct against w-2 income without being a RE professional.

More specifically, Taz at REI Nation is a great place to start.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

The TransUnion "ResidentScore" is similar to a traditional credit score but is tailored specifically for rental screening.

RCV: $244,000AOP Deductible: $4,000Hurricane Deductible: 2%Liability: $500,000If I remember right, steadily quoted me around $4,000 for the same property so you may be able to find something a bit better depending where in Alabama you are. 

@William Vreelandsetting aside the specific market for a moment, do you have a plan to execute every step of a BRRRR? 

I consider myself an expert in one specific market - the one I invest in - reasonably knowledgeable in a few others, mostly ones that neighbor my market and/or I lived there and have some pertinent information to share that's generally right - and beyond that it's just applying general platitudes to every other market which may or may not be relevant.