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Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

I know that market very well but it would be easier to help you if you have more precise questions and also if we know what your objectives are.

I attended these meetings where exceptions to zoning is requested, not for me, for landlords and developers, and they were all turned down due to stiff opposition from a neighborhood association, whose head whom I met are very stubborn. 

What type of work is typically recommended for an older (mid 90's) single wide mobile home roof that is not leaking but that is very old looking? 

It's very tough to get the city to convert the zoning from single family to multifamily. 

I have a renter moving out of a nice house with a very small back yard.

Best I've seen for a hard money loan is 10% down of the purchase price with 100% of the rehab covered depending on the borrower profile. 

Any tips for me or any best practices from fellow investors whose been in this industry for a while now?

I would be very leary.