The MTR industry has bit of a pull back but if you are priced well and your tenants are not putting much out for a SD than maybe look at the property features then.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

Keep tracking equity contributions, as this will be crucial when transitioning property B into a rental or selling your share.

•Are there any specific features or data points in these apps that you find most valuable?

Efficient Renovations: Focused on high-impact upgrades like modernizing the kitchen and bathrooms, improving curb appeal, and installing energy-efficient features, which are highly desirable in this competitive market.Optimizing Layout: Evaluated the property's layout to ensure it met modern buyer preferences, such as creating open-concept spaces.

While you can make a 50% down payment, it's crucial to have an emergency fund in place.

Funny enough I started listening to the Morris Invest podcasts from the beginning and just today happened upon the episode featuring @Kevin Estey.

In fact, we’ve been featured twice on the BiggerPockets Podcast, with our top episode being Show 794, where we dive into how we bought properties with as little as $100 down.Why am I sharing this?

Like all cities, Birmingham features different submarkets.

I have a question about what’s working in your markets when it comes to floor plans and features.