I have considered Nashville area...low taxes, more favorable laws, better cash flow and you still get some appreciation.

Also, the good thing about primary is that it only requires you to put as little as 3.5%-5% for properties up to 1-4 unit or 0% if you are a VA.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

You and a lot of other people that bought on tight margins with a low adjustable interest rate are in the same boat right now.

All and All - NOT A GOOD DEAL.They PITI is $1000 since the insurance and taxes are low in Alabama.

The best property management experience I got was in doing maintenance on properties for a property management company and by doing my own properties, but in doing so I learned just how much I hated property management and preferred adjusting so to each his own.  

What's the ROI after vacancy, insurance, property taxes, maintenance, etc.? 

@Nadia DaggettWe are at all time lows for foreclosure so we absolutely will see an uptick we will see from both fix and flippers and home owners and rentals, especially those that overpaid the past 3 years.

This way when construction is complete, the base rent is not the artificially low rent that was charged during the construction.  

Yes, it costs a lot to go with REI Nation, and the cash flow is low, but they have an excellent reputation.

A PM essentially is a team in a box - you get maintenance, reservations support, housekeeping all in one spot for a premium.