You’d be shocked by how little actual screening many PMC’s do!

I'm truly shocked at how much I hear from some tenants.

There is gentrification in those areas as well but can you take the shock of not getting rented for 2-3 months if it does ?

You’d be shocked by how little actual screening many PMC’s do!

Barring any major shocks and since there's not much supply coming online anytime soon, rentals are bound to hold their own as a viable investment for the foreseeable future.The type of property that you'd want to invest in depends primarily on your end-game and available resources. 

So I can for sure see a bridge lender wanting this loan covenant.PS good for you to read the entire mortgage document most buyers dont do that and are shocked when something comes up after the fact.

Here are my thoughts on some popular Birmingham areas:A - Mtn Brook, Vestavia, HomewoodB - Alabaster, Calera, TrussvilleC - Centerpoint, Pleasant Grove, Hueytown D - East Lake, Ensley, West EndF - Wylam, Inglenook, and a lot of other placesThere's a lot more that could be said about how to invest in Birmingham real estate for long-term wealth creation.

Yes, prices are high here but I lived in London for ten years so I'm not as shocked as others might be!

Steve I know we have been talking about what happens when values go down.. those that rely heloc's many are going to really be shocked when their heloc is frozen .. especially those that were counting on that money to buy distressed assets .. 

Even if they haven’t it can be part of your negotiations.The DD cost and process can be a bit of a shock on you first deal.