Make the most of learning from your friend's dad and consider joining a local REIA if your parents are supportive.

Pricelabs is important, but right now, the most important thing is for you to spend time in Gulf Shores establishing trust and relationships with local vendors.

Goal is to get a couple local rentals and move her into one and rent out others. 

How the local municipality views multi family might be different.

I plan to start house hacking not too long from now but am currently trying to talk to local investors and talk about there experiences with investing locally.

Also, attend local real estate meetups in your area and talk to local investors doing deals in that market. 3.

Thank you in advance. ( Also I'm in the middle of BRRR book so I'm feeling motivated )  Hey Dylan, I am also a local investor in your area, I would love to connect with you and see how we can each be of a value to each other.

(which I like) so I would like someone with local experience rather than be the farthest flung property for a city-focused PM (if they'd even do it) and potentially become neglected or incur higher costs because of distance and/or unfamiliarity.A little help?

@Ryan PetersonJoin the local Real Estate Association.

Just make sure that the local zoning laws and HOA (if applicable) allow for this arrangement.Down Payment Terms: Spreading the $20k down payment over 6 months can ease the upfront financial burden, but ensure you have a clear agreement with the seller on this timeline and any penalties for delayed payments.Best of luck moving forward,KC