Here in Alabama, the heat and humidity bring it straight out of the subfloor.  

We have searched around Alabama, Georgia, and Louisiana...

I am interested in a foreclosure property going to auction, but noticed that the tax certificate has been sold to a third party. 
The owner of the house passed away in 2019. The mortgage company paid the taxes in 201...

I’m currently under contract on my first rental property in Montgomery, Alabama.

@Al Williamson thanks!

If anyone is in the Jefferson County, AL Birmingham area have they had success with it?

My husband and I are interested in purchasing a fix and hold property on Lookout Mountain near Alabama/Georgia line.

I live in CO and buy in TN and AL and my involvement is limited to making buying decisions and overseeing an assistant and a project manager (only during a rehab).

It is one of many different metrics you can use to evaluate and compare investments.A cap rate is not evaluating anything except market value and at best you can use cap rates to compare MARKETS as in Class A multifamily might trade at a 7% cap rate in Alabama and a 4% cap rate in CA, Since all comparable properties in either Alabama or CA will trade at 7% and 4% then there is no building comparability.But back to what that cap rate is telling you.