As an out-of-state investor, I am interested in Alabama, specifically in Birmingham and Montgomery.

Whether you're working with residential properties, or specializing in a niche market, I'm keen to learn about what strategies have worked wonders for you and what tactics may have fallen short of expectations.Some specific points I'd love to discuss include:Where have you found the best leads or prospects?

I agree with others that adding amenities, specifically targeted toward those most wanted during the colder season can have a big impact on down-season occupancy.

None, not a 1 EVER has connected the words "Minneapolis" and "Emerging market" since the late 80's and maybe very early 90's which was in connection to the 80's just more specific trailing opportunities in redevelopment from such. 

Again, nothing specifically prohibits it.

Seems far fetched to meCurious what peoples experience has been specifically in driving for dollars, and specifically in recent timesThanks!

The reason being I see a lot of people again just looking at one specific number and not understanding everything behind it.

Use the research you did in step 7 but get more specific.

Or look up similar sold listings and call one of the agents involved in those sales because they’ll have the best hands-on knowledge specific to the situation. 

And these deals do not grow on trees you need to find specific set of circumstances to find them ( talk a seller into it) and have EQUITY enough to exit if you have a problem with the loan .