Any insights on economic development, population movement and jobs diversity for Mobile, AL will be much appreciated.I have already used city-data for these markets, but the information is dated.

Please reach out if you would like to get more information. 

My calculations are based on 2 sets of numbers - the numbers the seller has provided, and my own calculations accounting for 5% for vacancy, 5% for repair, 5% for capex, 10% for property management and actual costs for property tax/insurance.I am trying to decide if this deal is worth pursuing or if I should walk away due to the premium on the homes.

I find this vague.

In this case, I would recommend that you inform your tenants of the fact that payments made are pulled at 6 PM instead of the usual midnight closing so they should have funds available the day ahead going forward. 

How can I make sure to do this the right way? 

I’m eager to dive into the local real estate scene and advance my journey in this field.

I hope this is the right category for this post.  

Any other strategies for using 1031 money in this situation or is it only for purchase of a new rental property?

I know this a tough time for a lot people, post hurricane disaster but I can’t help to think is this a buying opportunity in those areas?