@Kevin Siedlecki I haven’t worked with Norada directly, so I can’t speak to them, but I’ve had experience with other turnkey providers here in Birmingham, where my brokerage operates.

For example, I used my first condo house hack as a rental for a while, then sold it, got a HELOC on my second house hack, and through a business partner bought a four plex in Nashville and then my wife and I bought a triplex in Birmingham.

Favorite state to invest:I’ve found Birmingham, AL to be a hidden gem.

I’m based in Miami but invest heavily in Birmingham, AL.

I live in Miami but invest in Birmingham, AL, so I completely understand the appeal of lower prices and less competition.That said, OOS investing isn’t for the faint of heart.

@Sean Kirk As someone who owns a Property Management company in Birmingham and has experience working with both Turnkey providers and Value Add investors, I’d recommend steering clear of Turnkey properties.While Turnkey properties offer a lower barrier to entry, they also come with much lower rewards.

My focus is simple: helping out-of-state investors like you unlock the full potential of the Birmingham market.

I own a PM company in Birmingham and we help a lot of OOS investors with their Section 8 properties. 

You can expect to pay about 0.4% of your home’s value per year in Alabama, or about half the rate in Minnesota.Cash flow is also easier to achieve in Alabama, especially in more affordable markets like Birmingham or Montgomery.

I can't speak for Kansas, but we help OOS investors build wealth and cashflow portfolios through value add real estate all the time in Birmingham AL.