I'd probably get into long term rentals for tax reasons. 

One of our properties saw a 50% increase in property tax, went up $1200 per year on a house we paid $250k for.One thing I love about Virginia is that the landlord laws make it easy to evict and don't create unreasonable demands on landlords.

Let's talk about Capital Gains Tax.

if you do 75% ARV cash outs  ( I think you can get that )  figure on at least another 5% in loan fee's closing costs etc .. along with taxs will need to be current insurance etc.

Very high property tax rate, crazy high water bills, choking regulation, and bad tenants.

All the benefits of living near CA but no state income tax.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $182,900.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

I am looking to purchase a property in 35749 zip code in alabama, am trying to calculate property taxes and insurance, I got some estimates from my realtor ,just want to do my due diligence and check them, am using the below to calculate the property taxes, it shows .45% and do you have any contacts I can call to get a property insurance quote?

if you can manage to live in it and rehab it over time, then if you live there 2 of the last 5 years prior to selling it the gains are tax free up to a certain amount. 

It is very hard to find a lender that will help include this income prior to it being on a tax return for 2 years.