The online gurus are the worst.

Hey @Jonathan Vinas, @JD Martin hit the nail on the head.You are better off looking in areas with no restrictions if you can.I will say that some of the restrictions might be able to manage.

Therefore, if you are getting more income from section 8 tenants, then theoretically your value will be higher, but you will be restricted to buyers that are only looking for Section 8, which could restrict your buyer pool.

I would have to agree with this - appraisals are no exemption to the general inflation/rising costs of the past few year s- $750 is hardly outrageous and investing in non-warrantable condos and with HOA restrictions is always going to have a risk for hiccups

Are you currently working on lining up funding or looking at potential properties yet? 

Networking with local real estate groups or online forums could help you find recommendations for PM companies that have a proven track record in Birmingham 

I didn’t know anyone in Alabama, so I called a few agents I found online and ended up picking one from BiggerPockets.

I’m conservative by nature, and would never be comfortable overlooking this restriction.  

Seen that play a few times.. this whole sub to being taught to under capitalized or starter investors who don't know what they don't know and learn this on line is just so very dangerous.

(G) Acceptable forms of payment of Rent (including Additional Rent) are ___ personal check, ___ cashier’s check, ___ bank check, ___ money order, and ___ the following online/ACH payment methods ____________________.