@Brian Jackson,@Randy Rodenhouse, @Greg Parker, and @Eric Martin have already made some good points about Alabama in regards to the state’s property tax rate.

I actually took a look at your profile and made some tweaks to mine. 

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

I made the mistake of renting my single-family house in Alpharetta to a tenant with a credit score in the 500s in December 2023.

Purchase price: $545,000 Cash invested: $545,000 What made you interested in investing in this type of deal?

What you have is noise...the tenant elected to stay in the property during the repairs which you made promptly.

What made you interested in investing in this type of deal?

To a point made by another person who commented, you may be able to have a lender do a 'one-off' portfolio loan at a 95% LTV if they trust you enough . good luck.

I also probably wasn't as educated as I should have made myself, so I'm sure there were decisions that could have been handled better.Part of the reason I wasn't willing to deal with the hassles was because I had 3 young kids. 

Quote from @Jordan Moorhead: @Joe S. check out Virtuance.com Thanks..I will keep them in mind.I made an order already this morning with Home jab.