Do pay your alcohol beverage taxes if you own a bar, they're going to come after you and seize your bar and probably even non-bar personal assets.   

Personally I've found seller financing to be best when the property doesn't qualify for a conventional loan because of the condition. 

We personally manage all of our properties except the STR and even with a FT Property Management company we still put more mindshare and effort there.

Furthermore, I have actively been researching and there is an ongoing housing shortage in the New Haven area, a consistent population growth, great property price to rent ratio, some new construction projects in the nearby area of the property and that it takes a certain type of person with great patience and “people” skills to succeed in these type of neighborhoods.

Lenders often prioritize the person’s payment history hence it is imperative that you maintain proper financial records.Good luck!

20% down payment will be personal cash that I’ll put into the LLC as a capital contribution.

Personally, I make my upgrades with resale in mind, even on a BRRR.

@Bobby Dailey - just to give a different perspective, for future appreciation of significance, I personally would not consider any of those four locations you noted (Jasper, Clanton, Eva, Oak Grove).

I've only spoken with two companies that work with housing for one person and the property that I'm looking to obtain is a three bed

Everybody gets started a little different than the next person.