@Drew Clayton 6 months of stable w2 income with consistent earnings would fly with me.

@Michael Smith I don’t see any data regarding urban vs fly to vs drive to destinations.

You're asking for trouble by hiring these fly-by-night guys that want to be paid in cash under the table.

Places like Hoover, Homewood, Vestavia Hills, Mountain Brook, and Meadowbrook seem appealing.

I plan on living in one of the units for my required 12m term and after either selling at a profit or buying a second and moving into that one to repeat the process.I am analyzing deals like so:Neighborhood and crime ratesSchool ratingsEmployment ratesComp rental ratesActual cash flow after I occupy one unit, pay mortgage, taxes, utilities, mortgage insurance, and set aside funds for vacancies, repairs, and cap. ex expenditures as the books suggest.When I find the ideal property I will fly out to be present during the inspection.Should I be analyzing anything else??

Then on subsequent builds, you can fly solo.

Flying down Monday thru Wednesday to help him get into the REI category I'm in. 

I bought a "refurbished" Hoover WindTunnel, light weight, bagless, with the long attached hose and long or retractable cord. 

Now lawsuits are going to fly! 

If you decide that trying to get a loan from a traditional financing institution proves to be too cumbersome, if the assets are in FL, I can help I believe.