Additionally, strong credit, a solid track record in similar projects, and a well-detailed plan for the rehab can also improve your chances of securing favorable financing terms.

Make sure any additional paperwork that needs to be filed with the court making you the plaintiff is taken care of. 4.

Happy to connect as well

showing how others have overcome basically every conceivable obstacle, just need to find the ones that work well for your specific situation.From the description you gave it sounds like a great place with some good family history, so it would be a bummer to have to sell.

Yes, it can feel like "wasted" money on months where rent is auto-paid and there is no maintenance to be done, but when you get a bad tenant or two or when deferred maintenance finally catches up to you, they certainly earn their keep.At your scale, you might be able to get a bulk discount with a good PM, especially if you can show how well your current systems are working and how they'd be needed less than usual.

Right now, Huntsville, Jacksonville, Birmingham, and Oxford are looking promising and fit well with our goals.I’m planning to visit these areas soon to check out potential investments in person, with my partner who lives in Anniston, AL.

The value of the property will impact this as well. 

Lease should also state that the tenant be in compliant with HOA rules and be provided that document as well to have on hand of the HOA bylaws, rules and regulations, so that if they do have an HOA violation, they be charged that fee and correct the violation [when it's their fault].

The second floor holds a bright bedroom with a king bed and en suite bath, a restful room with a queen, and a comfortable bedroom with two twin beds as well as a full bathroom.

Quote from @Angela M Alvaroe-Ciampo: Very nicely said & organized!