They are offering lease terms with a cap rate in the 12-14% range.

The uncertainty around potential policy changes related to housing, taxes, and economic strategies has already caused some investors to wait on the sidelines.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

I house hack/Airbnb my primary home and recently bought a small multifamily that is under renovation with a 203K loan.

We like to invest in areas below the median house price which sits around $400K. 

Have you considered house hacking a 4 plex?

@Brian Castroi would invest or house hack locallyout of state is tougher than advertisedif your immediate area is "too expensive" go out an hour or two

Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

Tenants are buying me that house. 

Is investing in your home market possible to house hack?