Premium price is the most important factor for me at the moment.Thanks,Jeremy    

North Highland Park has plenty of big American Foursquares that make for good flip material and so the competition is hotter for those properties there and drives up market value on the smaller ones to a certain extent.

The kind that still has the lumber in the back and they load it for you as drive up.

The legislatures continued drive to add regulations for everything will cause costs to increase for landlords.Rents will rise as a result. 

So that's my sample size of n=3 for you...That said, insurance costs for flood and wind were a key factor in me *not* investing in a couple of properties in Gulf Shores. 

IN THE PROFORMA THEY HAVE MANAGEMENT FEES FACTORED IN. 

If below grade you will need to factor excavation costs also. 

My intuition tells me that driving for dollars would be my best strategy once I get there.  

If that is too far of a drive for you then @Robert Freeborn could probably get you connected with some people further North.

I have purchased the audio version of that book and will be listening to it on a long drive tomorrow.