Birmingham is a very popular market, not sure if you're open on Florence and Muscle Shoals, Alabama where we manage.I would be more than glad to help you with insights... we won't just help you find an investment but we can also help you manage it. 

While the BRRRR strategy is effective, it requires experience in renovation, property management and market analysis.

Leasing, property management, tenant billing, lease administration, finance, capex budgeting, etc.  

You live in the property and learn how to self-manage/maintenance/lease units when tenants come and go. 

As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties.

MUST be Stelf-Managed.

Baltimore or Cumberland are probably going to have the lowest entry price but also present management challenges.

Getting the bug is great, but being a sound asset manager is imperative to REI.

You also have to take into account the local / state landlord laws...especially the ones coming down the pike in CA's November ballot --> "Justice for Renters Act" Not sure if it'll effect STR or MTR but as a general rule of thumb, I don't run numbers on best case scenario.

Finding the right property manager, purchasing the right property in areas where tenants are attracted to live, and having the right strategy is what will determine your success.