I own and invest in Birmingham and would be happy to connect to share insights and introduce you to contacts in my network.I also work for a local property management company that serves many out-of-state investors.If you come across any properties, I’d be happy to provide rental analysis reports based on comparable rentals to help you evaluate potential investments.Looking forward to connecting!

Always a cheerleader for our local market & think we face many headwind, but this is is massively overblown in my opinion and certainly there is absolutely no data that we have seen an effect from this as of yet, again if anything our suburbs inventory has gotten tighter.

I use my license for multiple activities: Of course- comps, when buying and when selling, tax data- to see what I am about to pay when i own the home ( for long term holdings), check the DOM (days on the market) for the subdivision I am either buying on, or when I plan on selling, etc. 

You're at the net worth level now where detailed investment and tax analysis can have large impacts to your overall ability to retire and spend. 

Keep in mind these cities become hot because of past data, not future.

So if I do a good analysis of the property (including all the costs) and the property generates monthly CF with a DSCR above 1.1, I would be removing a big risk because the numbers add up.

But I have been trying these recently, and it's very very good at capturing expenses that we as human are likely to miss.if you have specific property in mind, you can also try sparrowlane, this pulls in CMA and rental estimates, so that you don't have to go to different platforms for data

From there once a deal makes sense, pull the trigger, a lot of folks get stuck in analysis paralysis and I’m not saying don’t do your due diligence or be smart about it, but acting quickly and with intention will benefit you greatly in the long run.

He get's principal and simple interest payments over a number of years.I'll manage the deal and the property.Looking to create a proforma for this that would fit a typical rental analysis but insert the detail of having private money cover the DP.

You will really need to look hard in order to find deals that make sense and you really need to take you cost of capital into account when doing your analysis.