@Kiefer CheneyTo do well in real estate, learn well, set clear aims, gather a team, check out deals, pick a main area, go for it, keep on track, and learn from slip-ups.

I’m in Jax as well.  

You can post on Zillow yourself and you will have to show it or you can hire a realtor and they will show the property for you as well as do further marketing.

Hi Eric, I'm an investor in Birmingham (as well as Atlanta and Indianapolis), and I grew up in Birmingham, though I don't live there now.

We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?  

I'd recommend speaking with @Matt Solis as well!

I would be interested in hearing about any experiences as well.

My last suggestion is building your team is going to be crucial for success so hire a professional property management company as well.

There are some expenses (mostly noncash items) that can be added back to your income - depreciation is the most common/well-known.If you have strong revenue and are reporting a lot of expenses to reduce your taxable income, a bank statement loan may be a good option for you.

These can do quite well in the Denver area if well furnished and marketed appropriately.