This straightforward process allows you to verify encumbrances before considering a property investment.Alternatively, engaging a title company can offer a more comprehensive approach to uncovering liens.

@Brady Ascheman - No, if you are not offering the guests services that add to their convenience then there is no SE tax.

To find the best fit, compare terms offered by several lenders if you have never utilized hard money before.

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.

Too bad that BiggerPockets does not offer an LOL reaction. 

I'll admit, I spent the better part of one year in 2012/2013 looking at properties and putting in offers, before one finally hit and I've been off and running since. 

This property offered less cash flow and a higher cost to entry than Harvest.

I haven’t received the quote back for this place yet, but other similar properties we offered on were in the $4k/year range for insurance.

Short-term rentals (STRs) are highly regulated, particularly downtown, so areas like Mount Pleasant, James Island, and North Charleston may offer more flexibility.

Your property is similar to mine in great Indianapolis suburb with good schools owned since 2013 - worth about $300,000 (possibly could get a little more if in a multiple offer situation), property tax $6249.