Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.

For us, National banks are about accessing accounts easily, obtain cashiers checks or get cash most cities we’re in.

My opinion for those that live in a high cost of living market is to continue living / renting in that market and invest in a different market that is affordable and provides both cash-flow and appreciation potential.The reason to stay in the HCOL market is because you will be paid(hopefully) a nice large salary.You can take this salary to then 'easily' invest in other markets.NYC is tenant friendly which can be a con for investors.Furthermore, NYC has appreciated historically.

@Max Murin I think you can learn a ton just off of free education with youtube or learning from someone locally and provide free labor.

Pointed out downspouts not being long enough, flaking paint (minimal), windows that are older, provide furnace reports from HVAC tech, "remove sliding latch from bedroom door" to name a few. 

We are working with an agent who has provided us some of his connections and is very helpful.

@Anthony DreWhen someone starts with “I am new to this” and then they provide little details and want to start in multifamily.

Everyone who has responded has provided tremendous insights, I’ll definitely look into the YouTube channel as well.Quote from @Mindy Nicol: Hi Scott, I have 2 rentals that I self manage and am really happy with Lodgify to coordinate messaging, sync calendars etc. 

Mapping and GIS are great too, but we'll stick to the nuts and bolts here.My question is, with regard to providing high quality, investment-savvy title research, do you also make a habit of jumping down to City Hall or another series of municipal buildings to check for zoning, permitting, and utility issues in addition to your courthouse work?

Additionally, working with a local real estate agent can provide valuable insights and assistance in your search for the perfect neighborhood in Birmingham.