Regarding your ranges and #'s - yeah I would say those are generally plausible, but Birmingham is a street-by-street market with large variances even within the same neighborhood.

They literally can ebb and flow from one street to the next in a city or region.2. 

Just waiting in city permits at the moment!

My price cap was $300K, so a bit under yours, but anything mid-cities was a good market.

Plumbing inside the house is all new, so the problem is the sewer pipe from house to street. 

I am interested in investing in TX/NYC/NJ and leverage the Veteran benefits (like VA home loan) and my disability benefits (full property tax exemption in some states like TX or NJ)I have about 75-100K to invest, VA Home loan, TX VLB Loan, NY home for veteran loans and other states have similar loan programs for veterans.my biggest debate is whether to buy my first property in Hudson County NJ (jersey city, Hoboken) or DFW TX.another thing, anyone has experience doing business with Federal or state government?

Once there look up the city where property is.

@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....

So I have been doing my research into markets and have settled on looking in the Kansas City Market since I have personal connections there and it seems to have great ROI. 

ARVs pushing right up toward the median now, so you really have to go subdivision by subdivision, or even street by street, to get a feel for which areas are rental areas and which might be better for low end flips.