People?

Second, people with criminal records are in need of housing and have made great tenants for us.

I live in a small rural town in MissouriIts an airbnb but I've had people from a solar plantation project in there for the last 5 months renting out at 2250. 

Overall, CRE is tough in finding deals right now regardless of asset class, and people are pessimistic about the next few years.  

Could work, but remember people that need hard money usually need it for a reason.

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

There are a lot of great resources here and around the web for people looking to invest in Birmingham.

My first home was 6% and my wifes was 8%, so people looking at 7% today as crazy - that was normal.

There was an STR boom when many people bought homes here thinking they could have passive income, but that is not the case here as much as it is in places like Asheville (which is still seasonal, but not as much).

My realtor told me that there's been happenings of neighbors turning in people who are doing STR's and getting investigated by authorities, resulting in fines & such.