I use two credit unions here in Huntsville, AL.  

I've found a lovely duplex in my area (just outside the Birmingham AL area) It is in a B neighborhood and it is listed at 30k.

Does anyone have any reliable recommendations for a rental property lender for Alabama? 

@Al Beahn I haven't read it myself but I have heard very good reviews.

@Alex Flowers I am not in AL but I googled your state RE contract and there is a section on page 5 specifically for inspections contingencies.

Originally posted by Al Williamson:I'm leaning toward vinyl plank instead of carpet - this will eliminate this issue moving forward.I'm with you on that one Al ... the only carpet remaining in any of our units are the flights of stairs in a couple of 2-story, 2-bdrm units.

Also Podcast 8: Learning to Be a Profitable but Ethical Landlord with Al Williamson planted in my head the potential to not be another slumlord like I see so much in lower income areas.

Originally posted by @Al Williamson:If you can work around city ordinances and quantify how much the proper insurance will cost, I would joint venture with the tenant.Taking a probation stance and not letting your business evolve is a lost opportunity.Evolve legally - someone will always move your cheese.That is good advice, in general.

contact Prominence Homes in Birmingham AL 

Daniel, I focus primarily on the AL industry, and raise capital for key operators.