I would like to know, if you have good success with Property Management teams in Huntsville market as my property in in C area(35810) and like to get a very good team who can find good tenants and handle the property well.Also, if you had general contractors who you had success with as well, as I am looking to do new flooring to this home. 

The key is to create an amazing property, in a great location, then manage and market it better than the sub-par property managers in the area. 

As a first-time investor, I'm nervous about making the buying decision.

I am starting out later in life (age 50) and looking to have some passive cash flow and hoping for appreciation over time. 

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They get sent in to my manager with the rent. 

For example, should I have one checking account that manages all expenses, such as down payments for properties and serving as the main source for rehab budgets?

I'd highly encourage you to reach out to folks providing value to other people in the forums and see if they're accepting clients at this time.

If you were direct to seller you'd have better luck but would take $$ and time to do so. 

Feel free to chime in with your thoughts.Cash Flow vs Appreciation: Our market has been an appreciation market for some time now.