I found an area I felt comfortable living in and I bought a house with an FHA loan.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

What are the best areas in Birmingham to flip properties?

@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.

@Cosmo DePinto The Huntsville market is tough right now.  

Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year. 

Nashville is a ridiculously competitive market.

The original goal, rightly or wrongly, was to maximize rentable units, so we rebuilt the main house from the foundation up into a 3 bed 2 Bath 1,600 sq foot main house, and added a 600 sq ft 1 Bed 1 Bath JADU, along with a 1,200 sq ft 3 Bed 3 Bath ADU.

@Dave Meyer always cover this almost every month.Below are few episodes and resources to help you narrow down your options and finally start your investing.I recommend you pick the market that aligns with you real estate investing goals, your risk appetite and personality.https://www.biggerpockets.com/resources/real-estate-101/wher...https://www.biggerpockets.com/blog/best-real-estate-markets-...https://www.biggerpockets.com/blog/most-affordable-housing-m...All the best and keep up posted.

Quote from @Jimmy Sont: I'm looking to build around 700 sq ft 2 bed / 2 bath guest house primarily used for short to mid term rentals.