Instead of evicting them, i was thinking is there some way that I could rent it back to him for very cheap (mainly to cover just the taxes/ insurance) ie 2k a year rather than the going rate of 2k a month for similar properties.

Think multi unit residential, commercial properties, or purchasing houses “subject to” existing mortgage.  

@Lillian Pintaro,Birmingham’s a lucrative market—it’s been my stomping ground for nearly 20 years, and you can find some excellent deals if you know what you’re after and dive deep by zip code, neighborhood, and city block.For what it’s worth, we manage 2,000+ units (many for out-of-state investors) mostly in the north and west part of town—so think suburbs outside the city limits like Graysville (35073), Adamsville (35005), Mount Olive (35117), Center Point (35215), and the like.Since you’re also open to the surrounding areas, places like Odenville (to the east) and Tuscaloosa (to the southwest) could be worth checking out.

With a 9-5 job too busy to catch a breather, being that it will be my first rental property would you recommend finding a property management company to oversee the investment property OR create a profile on a property management platform, I am thinking about Avail unless there is a better platform, to collect rent and hire specialist as issues arise from tenants?

I personally think being a landlord in Chicago is easy and I have never had an eviction. 

I think alleging fake it to you make it just hugely rampant in the MF syndication space..

I have been thinking of Fix and Flip for years!

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).

Many wholesalers rely on strong leads and can be found through consistent outreach efforts.4.Leveraging Virtual Assistants (VAs):If you’re building your team, think about hiring a VA who specializes in real estate lead generation and research.

I like to have my paperwork pretty, neat and efficient (Im thinking about getting an application ready).