I saw a portfolio marketed in Montgomery, Alabama and was blown away by the insurance and taxes quoted.

Youcan't just turn it on.Long term rents in the area are at an all time high, and after I factored in the turnover cost, addition al taxes, wear and tear, materials, and management impact on my time, the additional profit (I calculated about 15%) was worth turning my fairly passive incomes into another job.

Hi BP Investors: I am looking to get some recommendations for non-recourse lenders in the AL and SC markets.

Good point...But if I buy in the middle of nowhere, some thing like Alabama, or Oklahoma, I could buy for 20K and rent for 500$60K will give 3 houses, each rents for 500$-700$...It is probably better numbers, but not sure about security of the investment...

What neighborhoods should I be looking into and what is the current market like in Birmingham, AL? 

Thank you Al and Bob.

I am a wholesaler in Alabama, & I have a house that I can get under contact at a good price.

Pull HELOC’s from properties here, using private money to buy SFH in both Alabama and georgia.

If I automatically indicate there may be some asbestos even if I am unaware of any asbestos then they can choose to rent elsewhere (which is always an option because I lease on a month to month so tenants can leave with a months notice if they are not happy).I have not found California to be landlord hostile but maybe I have little to compare with as my family and I have only had rentals in CA and Alabama.

Since it was a slab foundation, my biggest concern was that the plumbing would be melted under the slab, since that's pretty much al that was left except the brick and the roof.