Had to build my own "black book" of contacts from afar, and get creative on tenant turn-overs by incentivizing current tenant to host an "open house" for prospective tenants.

Had to build my own "black book" of contacts from afar, and get creative on tenant turn-overs by incentivizing current tenant to host an "open house" for prospective tenants.

I’ve found the property, negotiated the deal, I’ll be getting bids, managing sub contractors, pulling permits, and finding the tenants.

I mean, should I apply for a modification permit from the city government?

Go walk some of the apartment complexes and see what your prospective tenants may be looking at before they see your property (you may be surprised what they can get for $900). 

Permitting that I rent it out, I feel like I wouldn't be making much cash flow on the property, accounting for putting away CapEx and vacancy savings and especially if I have a management company look after it once I move.

May want to consider a concealed carry permit or bodyguard...or you can just say no thanks.

Any Sale (or Lease if § 3.6.2 is checked) of the Property within 180 calendar days after the Listing Period expires (Holdover Period) (1) to anyone with whom Broker negotiated and (2) whose name was submitted, in writing, to Seller by Broker during the Listing Period (Submitted Prospect).

I like our prospects in Birmingham.Lots of good developments happening downtown.We should also be a really stable market during the next economic downturn.

If a permit holder did work beyond the permit approval, they are not going to issue a TCO.