It's a house sectioned into 3 apartments each a 3-bed 3-bath.

He has both senate and house.

One of the biggest mistakes newer investors make is over-rehabbing houses and spending too much money on these low ARV homes.

People are not choosing the cheapest housing available.

Under Alabama law, that is a VERY dangerous play and you could end by losing money.You also cannot sit back and let him build the house and say "Thanks."

@Curtis OsaweyStarting with Section 8 housing can be a great strategy, especially since it provides consistent rental income.

There is demand for it and demand in this area for affordable housing, in a tourist area where plenty of people have vacant, second/third homes for seasonal fishing and hunting.

My local municipality is changing ordinances to be far more restrictive, and I notice a number of houses up for sale that were STRs.  

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who do they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

I would find properties, submit them to their portal and they would tell me what they would offer when the house was completely remodeled.