The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

Sam mentioned markets in North Alabama that may work much better right now than Huntsville and Madison, so I would definitely explore them. 

As mentioned above- CAPEX exposure both building and parking lot.3. 

Hi @Abdul HafeezAs Ryan mentions it will vary depending on the deal.

Watched this one and kept waiting for the point you mentioned.  

I know you mentioned doing STR, but then you need to spend another $10k+ to get it furnished.

As I mentioned above, we're both W2 employee. 

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

Even if you take the $250,000 the realtor mentioned it would sell for as your basis that would mean you're looking at an $80k gain: 380,000 - (250,000 + 50,000 improvements) = 80,000Since you want to buy a nicer home for your mom, a 1031 exchange may not be applicable if the new property is intended for personal use, as 1031 exchanges are for investment or business properties only.

If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help!