I'm considering tapping into the equity from either my primary residence or rental property to purchase another rental home that generates solid monthly cash flow.I'm open to investing out of state and have heard that areas like Ohio, Tennessee, Georgia, and North Carolina offer potential opportunities.

Get involved means more than go to meetings - the Better Government/Lobbying groups within the association attract the money to their meetings/events/volunteer opportunities.

These associations often provide networking opportunities, legal guidance, and best practices to enhance your rental business.

This property to me seems like a great learning opportunity and starting point. 

I've learned a lot over my time investing in small towns and have found some great opportunities but just like any other niche market you better learn what you're dealing with or you'll get burnt.

One of those options is to let the tenant know you won't renew their lease, then offer them the opportunity to leave early if they find another rental.

Great points, ZharaBirmingham has relatively steady and diverse rental demand, and I’ve seen many investors I work with have success with C/B class buy-and-holds.Location is key—areas near UAB, major employers, and popular suburbs tend to have the strongest rental demand, while C/D class markets offer solid affordable housing and Section 8 opportunities.

There is a lot of opportunity out there, just have to have a strategy and plan 

Sales agent gets slightly more aggressive than I like, but other than that, they seem more trustworthy than other opportunities like this that I come across.    

I have the opportunity to manage someone else’s 10 unit commercial building.