@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.  

I know it depends, of course, but in my county in AL (Lee County, with Auburn University), it's not uncommon to be able to pick up a property for just a few thousand dollars. 

If you are counting on a downturn of folks entering a city, this probably isn't it, but given folks are staying put, I'm not surprised of the very temporary drop in new leases.If these cities start to lose their vibrancy, their arts, their social constructs, become too high on crime in a widespread manner, et al, you may see the "exodus" that some folks are decrying.

And here's your daily dose of political populism from Alabama.

Originally posted by Al Ber:Originally posted by Tim Wieneke:Originally posted by Eliott Grigg:We may be next!