Now we are getting started in Birmingham AL (my mom's birthplace) and are excited to branch out to select areas in the South over the next few years.I am starting off with flips, but will transition soon to rentals using a BRRR strategy.

I would advise against renting single rooms simply because a new tenants first impressions of the people living in the other rooms will be biggest deciding factor as to whether they sign a lease or not.

I had the impression that you were just scouring the map on Zillow, saw homes for $65k, and thought it was an out of state market worth pursuing. 

If you want to lend long term debt, you don’t want to compete and be the cheapest on the block (that’s a race to the bottom), you want to lend on stuff that nobody else (or a select few) will lend on and charge a premium for it.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

It seems you selected your markets wisely and have actually been able to realize gains when you sold. 

For you to be in the game 2 years Im impressed and see you are headed to much bigger things.

And those facts are the US is loosing, and we have idiots in charge because we select idiots, who's focus is there personal power, personal enrichment, not the job, the country, the long term ramifications. 

The numbers you find in the news are usually for all properties combined, which tells you very little value.In 2005, we selected a specific tenant segment that has proved to be a highly reliable source of income for our clients.

For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.When I was trying to determine demand for our area, I selected about 20 listings near the location I was focused on, and tracked them for several months.