You can find BRRRR potentials on the market, but the problem is so will 300 other people and someone will end up buying it at a price that won't make any money.

It seems like Huntsville has a nice combination of cashflow and potential appreciation.I'd be interested in hearing from folks more familiar with the area on the general view of the city in 2024, things to look out for, things to avoid, etc.

This can allow for favorable tax treatment and potential tax deductions related to the properties.Management and Decision-Making: Establishing an LLC can formalize the management and decision-making structure for the properties.

I was thinking in any case it would potentially expose me to that world while also making (not much, from the sounds of it haha!)

Are they ALL scams?

She is excited to share some of her experience in order to help investors and property owners maximize their investment potential, and also regain some of their most valuable asset back - their time.

What things do I need from the potential renter so I can do a proper screening on them?

In the meantime you can start building your database of potential renters. 

Home depot/lowes sells mold test kits you can use once the basement is dried out.Once you have the basement dry, the next order of business is to figure out the cause(s) of the flooding, and hopefully address those causes to prevent future floods.There are multiple potential reasons for your flooding--it could be ground water rising up from underneath the house, it could improper drainage around the house, it could be cracks in the foundation or slab, it could be water coming in through the window wells, it could be all of those things, or it could be something else entirely.  

ha This is a real liability, the government originates most of its cases through "testing" which is to say contacts with landlords where they pose as potential tenants.