I’ve built a portfolio of 25+ doors here using the BRRRR method and now run a vertically integrated company that helps out-of-state investors buy, rehab, and manage long-term rentals.For what you’re describing: cash-flowing under $250k, strong rent-to-price ratios, and appreciation, Birmingham checks all the boxes:Median home prices around $180kSection 8 rents often $1,100–$1,600 on the right propertiesSolid blue-collar tenant basePlenty of value-add opportunities in B/C neighborhoodsBRRRRs are still very achievable here compared to most markets (we do multiple a month)Happy to share data on which zip codes are performing well and which to avoid.

Phase 1 - Demo, roof, HVAC (this should take 10 days) Phase 2 - Plumbing, electrical, patch roof (this is two weeks) etc.Too many people jump in with anyone who says they can do the job b/c you just wanna believe it so bad. 

Cleveland’s a blender of A, B, C, and D pockets, so I would double check what areas you're pulling comps from.

Your vision for how you will do the rehab for project A will be different from that of B and C.

On the flip side I have a C class property that is $3000 to $5000 every time someone moves as these people are low class and always mess up walls, you also cant lease the low class units until they are actually vacant as never know if the people will actually vacate on time. 

You can also watch this video that's pretty good motivation. https://youtu.be/jnARMZPHI58

There are plenty of templates and youtube videos to help give a ballpark.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Looks like they just released another update video. 

I've  seen Finance Cowboy's (Jaren Sustar's) videos in my Instagram news feed and watched a couple of his YouTube videos.