Anything you buy for next 2 years, expect 6 pct min interest Eventually in 10 years you can 1031 to a high end investment asset if you are bored ;)This is coming from someone who tried too many things in last decade (mostly in last 6 years)- bought 7 sfh or duplex in Cleveland west side (sold 4 for nice profit , 3 left)I won't buy there anymore, tenant class not appealing for me- 2 flips in Cleveland,  marginal profit- 1 sfh in Birmingham, will get rid of it someday- 3 out of state flips in Chicago ( lost net 60k on all)- 5 bay area flips with a partner ( my net profit maybe close to 300k)- close to a million in multiple real estate syndication deals- 3 sfh in folsom At this point, i will be happy to own 5 sfh in class a areas debt free and rest go for passive deals. 

The issue I have, on the top of having to travel all the way to Birmingham while living in another state, will the county update the data with a copy of the Quitclaim Deed?

I currently live in Birmingham, AL and am looking to start with rental properties - its been a bit tough to pull the trigger on such a big move.

Hi Joseph,I live in San Diego and I bought 2 SFRs I found through Norada earlier this year – 1 in Atlanta GA and another in Birmingham AL.

RE: invest 1million.  100k rainy day fund in interest bearing account 150k small town rural acreage compatible to lease out to solar panel companies (may cost a little extra to pay off politicians to cut the red tape-energy monopoly:)250k in oppty zone developments in small towns focused on healthcare clinics in urban/rural areas where hospitals have consolidated. 400k to buy about 5-8 low cost cash flow properties with tenants in small cities near larger metropolitan areas where large employers have operations/facilities in areas like Birmingham, AL or  just north of Richmond,VA.  100k rainy day interest bearing account for when the financial markets tumble and/or the Federal infrastructure dollars start rolling, then seed monies for subcontractors making bids. 

& Birmingham, Alabama.In addition there are tons of other turnkey markets out there besides those listed above.

I was looking into the Birmingham area and it seems like you can find nice houses for quite cheap, some that already have tenants (Finding houses around 50-70k renting around $700/month).

However, I see an interesting opportunity in an A neighborhood in Birmingham, AL, Crestwood North.

Does anybody kinow of a Birmingham company that a) finds and buys distressed properties, b) rehabs them, c) places a tenant in them, d) sells them to investor(s) and e) then manages the property for the investor?

You should also consider the fact that Birmingham is a high crime area.