As we're running out of personal capital to continue acquiring with, we're exploring a structure where we give investors an 11% preferred return that we buy them out of in 7 years.

Feel free to reach out if you want to talk more specifically about the Birmingham sub markets. 

Some you will like and some are very 'pitchy' selling all kinds of classes and junk.Meeting people in person and getting to know them and what they do will help increase your knowledge that much more.

Out of state landlords still self-manage their properties as much as they like as this agent is really just there so that the municipality feels like they can reach a real local person when there is an issue.

Personally, I'm not a fan, but I could see why some people like it. 

In addition, they will need space in the common areas for their stuff as well (think refrigerator & pantry for food, etc.)No background check will show how clean they are, how they respect your space, whether they are a loud person, or a night owl, who they invite over to stay with them and such.  

The questions you are asking are far to vague for anyone to have major input or guide you correctly as each person's situation is different. 

In and around CharlotteAlways have the feeling of being late in the game....

My favorite part is having a dedicated contact person that walks you through the entire platform and helps you get set up.

We can feel it!